Gold Rises on Likely Technical Recovery

Core Viewpoint - Gold experienced a rise in the early Asian session, attributed to a likely technical recovery following a broader market selloff last Friday [1] Group 1 - The increase in gold prices is seen as a technical recovery, indicating potential short-term trading opportunities [1] - The broader market selloff prior to the rise in gold prices suggests volatility in other asset classes, which may drive investors towards safe-haven assets like gold [1]