Wales were beaten 43-7 by Australia in the semi-finals of the IRB under-21 World Cup, while in the other semi there was a huge shock as hosts South Africa knocked out favourites New Zealand by 19-18.
The results mean that Wales will again meet New Zealand, having lost to them only last week, in a third-place match.
For 62 minutes Wales were ravaged by Australian flanker Jone Tawake, a certain future senior cap, who scored one of his side's five tries and created three others.
Wales were 23-0 down at the interval and conceded a further try before hitting back with a good try by UWIC wing Nick Jones that Cardiff fly half Nicky Robinson converted.
However, Australia scored two more tries to wrap up a convincing victory.
As the countdown continues for RWC2015, Tournament Chief Executive Debbie Jevans visited the Millennium Stadium to discuss preparations for the eight matches and reveal the positive news that 100,000 tickets for games at the home of Welsh rugby have sold in the last seven days.
Jason Harries is targeting a first win on the World Series circuit this season with Wales. The series returns to action this weekend in Dubai where Harries is part of a team hoping to build from its efforts in round one in October.
Wales skipper Jevon Groves says his side have addressed a few points from Gold Coast and aim to 'hit the ground running' in the next two rounds of the World Series, kicking off with this weekend in Dubai before heading off to South Africa next week.
Wales Sevens manager Steff Thomas is hopeful his side can build from a quarter-final spot in the opening round of the World Series in Australia when his side take part in the forthcoming double header in Dubai and South Africa.