GOLDMAN SACHS Technical Analysis: Weekly Chart

In the weekly charts, GOLDMAN SACHS is trading in a down channel. GOLDMAN SACHS is currently trading below all SMA.

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

Its immediate support is 296.01 & the resistance level is at 326.35.

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 a down channel. GOLDMAN SACHS is currently trading below all SMA.

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

Its immediate support is 308.26 & the resistance level is at 318.45.

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

How to Trade GOLDMAN SACHS this Week:

GOLDMAN SACHS will follow the downtrend until their trend reversal. So, remain bearish on GOLDMAN SACHS.

TRADE SUGGESTION- SELL AT 313.06, TAKE PROFIT AT 308.26 AND STOP LOSS AT 318.45