FX.co ★ Analysis of the shares of Goldman Sachs Group, Inc. (GS) by the method of Tic-Tac-Toe for July 13, 2017

On the senior chart, we observe an exclusively upward trend.

The shares are traded in a downward wave of the uptrend, which is due to a false overcoming of the support level of 212.

The relative strength index is in the column "X", which indicates the strength of the buyers.

The continuation of the upward movement and overcoming the resistance level of 232 will signal the double peak to buy.

The initial target for buyers will be the mark of 244, with the approach to which it is recommended to close 1/2 of the total volume of long positions.

The main goal will be the resistance zone in the area of 256.

The point of protective suspension is the minimum fluctuation of 208.

Trading recommendations:

Today, purchases are recommended only after overcoming the resistance level of 232.