INTERNATIONAL COMMODITY NEWS :
Gold price rose slightly in early Asia on Friday on hopes for physical demand as the end of year holiday season approaches. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,161.50 a troy ounce, up 0.05%, after hitting an overnight session low of $1,153.40 and off a high of $1,167.30.
TRADING STRATEGY :
BUY GOLD ABOVE 1162 TGT 1166,1171 SL 1157SELL GOLD BELOW 1155 TGT 1151,1147 SL 1160
Gold price rose slightly in early Asia on Friday on hopes for physical demand as the end of year holiday season approaches. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,161.50 a troy ounce, up 0.05%, after hitting an overnight session low of $1,153.40 and off a high of $1,167.30.
TRADING STRATEGY :
BUY GOLD ABOVE 1162 TGT 1166,1171 SL 1157SELL GOLD BELOW 1155 TGT 1151,1147 SL 1160
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