The Israel Defense Forces (IDF) have issued an evacuation notice to the over one million residents of Gaza’s northern region, urging them to evacuate to the southern part of the territory within 24 hours. This is seen as a prelude to an imminent large-scale military operation, possibly including a ground invasion, and the situation has become increasingly tense.
It is likely that hostilities will commence as early as this weekend. As a result, the bullish outlook on oil and gold is expected to continue.
