shell - Moving files older than 1 hour from one directory to another - AIX -

i trying move files older 1 hour, being populated every minute rapidly folder name specifies particular hour, in aix.

the script trying run is:

find /log/traces/ -type f -mmin +59 -exec mv '{}' /directory \; 

the above script gives me error:

find: bad starting directory

i newbie shell scripting.

any highly appreciated.

------------------edited-----------------------

i have been able move files older 1 hour, if specified folder not exist, creates file name specified in command , dumps files in it. script running is:

find /log/traces -type f -mmin +59 -exec mv '{}' /directory/abc-$(date +%y%m%d_%h) \; 

it creates file named abc-[current hour]. want create directory , move files it.

if not running root user may getting problem because of read permissions on /log/traces/.

to see permission level of directory run ls -l /log/traces/ left column display drwxr-xr-x explanation of permission settings directory has. understand more read this.

you need ensure user executing command has read access /log/traces/ - should fix error.