Goldman Sachs Wave Analysis – 16 February 2026

Goldman Sachs: ⬆️ Buy

– Goldman Sachs reversed from support zone

– Likely to rise to resistance level 960.00

Goldman Sachs recently reversed up from the support zone between the key support level 871.00 (which has been reversing the price from December), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from November.

The upward reversal from this support zone formed the daily Japanese candlesticks reversal pattern Hammer.

Given the strong daily upend, Goldman Sachs can be expected to rise to the next resistance level 960.00 (top of wave b).