HotForex

GS Broke Out Of Major Support, Potential Drop!

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NYSE:GS   Goldman Sachs Group, Inc. (The)
GS broke out of its major support turned resistance at 171.75 where it could potentially drop further to its support at 137.33 (horizontal swing low support).
Ichimoku cloud is also showing signs of downward pressure which contributes to our bearish bias.

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