Gold Near $5,000 Could See Pullback Amid Easing Geopolitical Tensions

Gold is approaching the key $5,000 level, but a pullback seems likely as global geopolitical tensions have generally eased. The proximity to this psychological milestone further increases the chances of a correction. Currently, there’s little to suggest that gold will continue rising significantly without first undergoing a deeper retracement.

In related news, former President Donald Trump announced that the US had secured permanent access to Greenland through a NATO deal, prompting NATO leaders to emphasize the need for increased Arctic security to counter potential threats from Russia and China. This development comes as EU leaders convened an emergency summit in Brussels, marking a reversal in previous Greenland policy.$XRP #XAU #MarketCorrection #Geopolitics #Investing