Gold Trading range for the day is 54550 - 56290 - Kedia Advisory
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Gold
* Gold Trading range for the day is 54550 - 56290
* Gold dropped as the dollar tested the 105 for the first time in three weeks as investors digested a slew of job market data
* Stronger-than-forecasted ADP and JOLTs Job Openings figures, coupled with a decline in jobless claims numbers
* Minutes from the FOMC December meeting also echoed this view, with policymakers committed to pushing rates higher
* Several participants noted that historical experience cautioned against prematurely loosening monetary policy
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