Goldman Sachs’ stock price (GS) rallied in the intraday levels, shaking off negative pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium term, and accompanied by a surge in trading volumes, as the stock tries to tackle the pivotal resistance of $611.90, while managing to vent off overbought saturation in the RSI with positive signals streaming out of it. 

 

Therefore we expect more gains for the price, provided the resistance of $611.90 was breached, targeting the next one at $654.54.

 

Trend forecast for today: Bullish