Goldman Sachs (NYSE: GS) shows a robust weekly bullish sequence. In the present day, we discover the Elliott Wave sample behind this transfer. Our evaluation highlights potential paths and targets for continued momentum.
Elliott Wave Evaluation
Goldman Sachs accomplished a five-wave advance from its April 2025 low. This wave III peaked at 984. Then, the inventory shaped a 3 wave pullback in wave IV. This correction resulted in March 2026 at 984. From that low, GS established an preliminary five-wave advance in wave ((1)).
Nevertheless, it didn’t break the earlier peak. Subsequently, the inventory should maintain above the March low throughout the wave ((2)) pullback. It will enable it to renew the rally in wave V and break into new all-time highs. The following upside transfer ought to lengthen GS towards the $1035−$1114 goal zone. Then, a bigger diploma correction will comply with.
Goldman Sachs Day by day Chart 5.5.2026
