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HotForex

GS Broke Out Of Major Support, Potential to Drop!

Short
Goldman Sachs Group, Inc. (The) (NYSE:GS)  
HotForex  
NYSE:GS   Goldman Sachs Group, Inc. (The)
Trend Analysis Harmonic Patterns Chart Patterns
33
0
trendanalysis harmonicpatterns chartpattern
GS broke out of its support-turned-resistance line at 171.75 (23.6% Fibonacci retracement) where it could potentially fall further to its support at 137.15 (horizontal swing low support).
Ichimoku cloud is also showing signs of downward pressure.
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