Goldman Sachs Wave Analysis – 03 December, 2019

• Goldman Sachs reversed from resistance area
• Likely to fall to 216.00

Goldman Sachs recently reversed down from the resistance area lying between the resistance level 222.00 which has been reversing the price from July) – strengthened by the upper daily Bollinger Band.

The downward reversal from this resistance area started the active short-term impulse wave (c).

Goldman Sachs is expected to fall further toward the next support level 216.00 (low of wave (a)) – followed by 210.00.