INTERNATIONAL COMMODITY NEWS :
Crude oil futures rose on Friday, to trade near
two-week highs amid growing concerns over fresh tensions in Ukraine and
as U.S. manufacturing data released on Thursday continued to support.
Oil prices strengthened after a Malaysian Airlines passenger jet
crashed in eastern Ukraine. All 298 people on board were killed, sharply
raising the stakes in a conflict between Kiev and pro-Moscow rebels in
which Russia and the West back opposing sides.
TRADING STRATEGY :
GOLD-COMEX has closed @ 1310.14. If it breaks the level of 1304.29,
it can touch the level of 1335 & 1329 respectively. If it sustain
above the level of 1314, it can touch the level of 1320, 1328
respectively.
- SELL GOLD-COMEX BELOW 1304 TGTS 1297, 1285 SL 1314.
- BUY GOLD-COMEX ABOVE 1314 TGTS 1321, 1333 SL 1304.
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