XJO - this week is the middle of the current cycle on the weekly chart. it either turns up from here or it completes the second leg of the wave down starting as early as tomorrow or next week.
Bear flag and strong down directional movement indicates to me that a second leg down is probably more likely. also historical dates with similar cycle indicates a 2 legged pull back through to the week of 1 Oct 2018. support from the bottom of the ichmouku cloud.
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XJO, Gold, MOY and others, page-29
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