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Israel's PM and Defense Minister have instructed the military to take 'strong action' against Hamas in Gaza - Netanyahu's office

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  • ISRAELI PM'S OFFICE SAYS INSTRUCTIONS FOLLOW HAMAS' REPEATED REFUSAL TO RELEASE THE HOSTAGES AND ITS REJECTION OF ALL PROPOSALS IT HAS RECEIVED
  • SENIOR HAMAS OFFICIAL TELLS REUTERS ISRAEL IS UNILATERALLY ENDING THE CEASEFIRE AGREEMENT
Effect :
  • Middle East tension again rise, Hostages has not been release by Hamas & all request has been denied which left no choice for Israel rather than military attack. This will create again a chaos & panic for an Investor
  • Which make Gold more upside one way Buy
  • As per COMEX Future Buy Gold @ CMP 3016$ for target 3104$ by end of March Contract,Interim Target 3040$ & 3065$ 
  • 3065$ is a small fall back by reversal of 25$ to 35$ then again up.
  • Final Junction will arrive @ 3104$ Future
  • Last time Gold touch 2974$ & move back downside till 2844$. So we are considering new upside from 2844.1$,as of now upside 2844$+260$ = 3104$ 

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