Gold displays some very nice wave-relationships short term

Gold - As promised a update of the wave-relationships of the decline from 1,599.
After the peak at 1,599 we saw a five wave decline to 1,571. Looking at the internal relationship between the waves we can see that orange wave iii became 2 times longer than orange wave i and orange wave v became 1.382 time longer than the distance traveled from the top of wave i to the bottom of wave iii. When we see "wonder-waves" like this, where the wave-relationships become as nice a those above, odds raises considerably that you are on the right track with your count.
So what can we expect of pink wave iii? I will at least expect it to reach 1,547 where pink wave iii will be 1.618 times longer than pink wave i, but I would not be surprised to see pink wave iii extend way beyond 1,547 towards 1,536 and likely even near 1,519 where pink wave iii will be 2.618 times pink wave i.
However as I said in my post earlier we need a break below 1,571 to eliminate the risk of one last rise deeper into the target-area between 1,598 - 1,604, but this is not my preferred count.