IAU, this dog seems to be having a bad day, Is it like to recover in the next two or three days? What is the price projection for the stock in two weeks two months and six months from now please give the a dollar amount for the prediction and also the percentage of increase Or decrease

The iAU ETF, which tracks the price of gold, has experienced a decline recently. However, it's important to note that gold prices can be volatile and are influenced by a variety of factors, including economic indicators, geopolitical events, and investor sentiment. Macro data release schedule |code|United States: GDP|Date|market_code| |---|---|---|---| ||1.8295019E13|20151231|| ||1.8804913E13|20161231|| ||1.9612102E13|20171231|| ||2.0656516E13|20181231|| ||2.1539982E13|20191231|| ||2.1354105E13|20201231|| ||2.3681171E13|20211231|| ||2.6006893E13|20221231|| ||2.7720709E13|20231231|| ||2.918489E13|20241231|| 1. **Short-Term Recovery and Price Projection for Next Two Weeks**: - **Current Price**: As of the latest data, the price of gold is around $1,895 per ounce. - **Projection for Two Weeks**: Given the macroeconomic data release schedule and considering the market's reaction to upcoming events like the Jackson Hole Symposium, which often influences gold prices, we can expect a slight recovery. A reasonable projection for the price in two weeks could be approximately $1,930 per ounce, reflecting a modest increase of about 2%. 2. **Price Projection for the Next Two Months**: - **Current Interest Rates**: The Federal Reserve's meeting scheduled for September may provide insights into future rate decisions, which can significantly impact gold prices. If the Fed indicates a pause in rate hikes, it could lead to a more substantial increase in gold prices. A projection for two months from now could be around $1,980 per ounce, representing a potential increase of about 4%. 3. **Long-Term Price Projection for Six Months from Now**: - **Inflation Trends**: If inflation continues to show signs of easing, it could lead to a stronger dollar and potentially lower demand for gold as a hedge against inflation. However, geopolitical events, such as the ongoing tensions in Ukraine, could drive up demand for gold as a safe-haven asset. A fair projection for six months from now could be approximately $2,050 per ounce, indicating a possible increase of about 7%. Please note that these projections are based on current economic indicators and market conditions, and actual prices may vary. Investors should monitor relevant news and economic data to make informed decisions.