Gold futures declined on Friday, settling 3.5% lower for the week and at their lowest price month to date. “Wall Street is nowhere near feeling confident they have a handle on how high the [Federal Reserve] will take rates and that is bad news for bullion,” said Edward Moya, senior market analyst at OANDA. “Gold’s decline extended after the University of Michigan survey showed inflation expectations stopped declining.” Gold for December delivery GCZ22,
XRPUSD is range-bound, but the baseline scenario is a decline
The XRPUSD price is holding steady at 1.1019. The market is keeping a close eye on the fundamental outlook, while the technical picture is moderate.