Goldman Sachs Groups stock price (GS) returned higher in the intraday levels, while readying to tackle the important resistance of $471.00, amid the dominance of the main upward trend in the short term, with positive support from the 50day SMA, coupled with positive signals from the RSI after reaching oversold levels.

Therefore we expect more gains for the stock, targeting the previously mentioned resistance at $471.00, provided the support of $438.80 holds on.

Forecast today: Bullish