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.
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