Categories: Technical analysis

Goldman Sachs Wave Analysis – 25 March 2025

Goldman Sachs: ⬆️ Buy

– Goldman Sachs continues daily uptrend

– Likely to rise to resistance level 600.00

Goldman Sachs continues to rise inside the B-wave of the medium-term ABC correction (4) from the end of February.

The active wave B started earlier from the support zone between the support levels 520.00 (former monthly low from December) and 540.00.

Given the clear daily uptrend, Goldman Sachs can be expected to rise to the next round resistance level 600.00.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team

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