Therefore the wave count allows for a very aggressive rally from here to form Minute [ii]. It does not have to happen, but it would be ideal if it did.
A more detailed look at Minute [i] of Minor 3 down. Note that wave (v) of [i] has a bit of overlap in waves i and iv. That could portend a very sharp rally.
Global Dow is pretty much the same count.
Long term count shows the potential of a significant gold rally from here.