Trump original Stetement:
Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan, and wherein they requested that I hold off the destructive force being sent tonight to Iran, and subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz, I agree to suspend the bombing and attack of Iran for a period of two weeks. This will be a double sided CEASEFIRE! The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive Agreement concerning Longterm PEACE with Iran, and PEACE in the Middle East. We received a 10 point proposal from Iran, and believe it is a workable basis on which to negotiate. Almost all of the various points of past contention have been agreed to between the United States and Iran, but a two week period will allow the Agreement to be finalized and consummated. On behalf of the United States of America, as President, and also representing the Countries of the Middle East, it is an Honor to have this Longterm problem close to resolution. Thank you for your attention to this matter! President DONALD J. TRUMP
Iran accepted Pakistan’s two-week cease-fire proposal. Cease-fire was approved by the new supreme leader: NYT
🔥 Ceasefire Shock: Why Gold Spiked Despite War Pause
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📌 By Tradeline Capital
🚨 Breaking Update
Donald Trump announces 2-week suspension of attack on Iran
Iran accepts temporary ceasefire via Pakistan mediation
Safe passage assured through Strait of Hormuz for 2 weeks
Talks moving toward a long-term peace framework
👉 Market expected calm… but Gold spiked instead
⚡ Why Gold Went UP (Key Reason)
1. ❗ Ceasefire is TEMPORARY
👉 Only 2 weeks — not permanent peace
👉 War risk still alive
2. 🔁 Massive Short Covering
👉 Market was positioned for attack = gold downside
👉 Attack cancelled → traders exit shorts
➡️ Result: Sharp upside spike
3. ⚠️ Trust Deficit in Agreement
👉 Market not fully trusting:
US commitments
Iran’s conditions
➡️ Fear still priced in
4. 🛢️ Oil Risk Still Exists
👉 Hormuz reopening is time-limited
👉 Any disruption can return instantly
➡️ Inflation risk remains
📊 What Happens Next?
Short Term
👉 Volatility continues (zigzag moves)
If Ceasefire Holds
👉 Gold may stabilize or correct slightly
If Talks Fail
👉 Gold can breakout sharply on upside
🧠 Final Insight
👉 “War is paused, not finished — and markets are trading uncertainty, not peace.”
💬 One-Line Summary
👉 “Ceasefire stopped the attack, but not the fear — that’s why gold moved higher.”
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Iran FM Araghchi: Safe passage through Hormuz guaranteed for two weeks
