Goldman Sachs Technical Analysis, Trade Signals and Tips

GOLDMAN SACHS Technical Analysis: Weekly Chart

In the weekly charts, GOLDMAN SACHS is trading in a down channel. GOLDMAN SACHS is currently trading above 100 days SMA & below 20 and 50 days SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 322.93 & the resistance level is at 331.56.

GOLDMAN SACHS will trade in the down channel until there is trend reversal.

GOLDMAN SACHS Technical Analysis: Daily Chart

In the daily charts, GOLDMAN SACHS is trading in an up channel. GOLDMAN SACHS is currently trading above all SMA.

RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 317.19 & the resistance level is at 335.33.

GOLDMAN SACHS will trade in the up channel until there is trend reversal.   

How to Trade GOLDMAN SACHS this Week:

GOLDMAN SACHS will follow the uptrend until their trend reversal. So, remain bullish on GOLDMAN SACHS.

TRADE SUGGESTION- BUY AT 327.20, TAKE PROFIT AT 335.33 AND STOP LOSS AT 317.19