Goldman Sachs (GS) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for GS · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$1,052.98last close · Aug 4, 202652-week range $705.55 – $1,153.99 · 8.75% below the high
Rising Wedge · playing out now

GS is breaking down from a rising wedge — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 53% of the time.

As long as price stays below $1107, it's in play — a daily close back above there calls it off.

The move's natural target sits near $930.4.

GS Rising Wedge Pattern

GS is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBearishTarget$930.35Projected move−13.1%Breakout level$1,059.56

New to this pattern? What a rising wedge is and how to trade it →

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
GS win rate
47.1%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

GS Pattern Trade History

Every completed pattern trade our nightly backtest found on GS's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJun 26, 2026 @ $1,054.74Jul 14, 2026 @ $1,140.00Loss-1.21R
TriangleFeb 27, 2026 @ $879.27Mar 6, 2026 @ $810.66Win+1.16R
TriangleFeb 20, 2026 @ $906.04Mar 5, 2026 @ $822.44Win+1.34R
Rising WedgeJan 23, 2026 @ $934.08Feb 27, 2026 @ $855.55Win+1.55R
Rising WedgeSep 9, 2025 @ $759.65Sep 24, 2025 @ $792.43Win+0.85R
TriangleOct 9, 2024 @ $500.69Nov 19, 2024 @ $581.38Win+4.89R
Rising WedgeMar 20, 2024 @ $396.00Apr 4, 2024 @ $406.25Win+0.49R
Rising WedgeFeb 23, 2024 @ $396.24Apr 4, 2024 @ $406.25Win+0.48R
Falling WedgeJun 7, 2023 @ $329.14Jun 26, 2023 @ $312.36Loss-1.11R
TriangleMar 10, 2023 @ $338.87Mar 15, 2023 @ $306.69Win+1.02R
Bullish PennantFeb 2, 2023 @ $370.51Mar 10, 2023 @ $327.67Loss-1.25R
Falling WedgeJul 18, 2022 @ $305.76Aug 19, 2022 @ $349.27Win+1.56R

GS Support and Resistance Levels

Price is bouncing off a floor near $1,013.72 and starting to climb. On the weekly chart, the next ceiling overhead sits near $1,262.94 — about 20% away.

  • Traders commonly watch $1,262.94 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $1,013.72 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $1,013.72, resistance near $1,111.17. These are chart/swing-derived levels, not formula pivots.

Resistance
$1,111.17$1,147.87$1,153.99$1,250.31$1,340.93
Support
$1,013.72$964.17

GS Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$1,050.00$1,066.16$1,043.27$1,052.98
Aug 3, 2026$1,025.00$1,027.96$1,005.16$1,027.06
Jul 31, 2026$1,034.72$1,042.98$1,008.60$1,018.38
Jul 30, 2026$1,007.36$1,029.79$998.51$1,024.86
Jul 29, 2026$1,025.00$1,028.12$977.70$980.75
Jul 28, 2026$1,041.93$1,047.71$1,011.87$1,033.34
Jul 27, 2026$1,080.18$1,088.50$1,029.00$1,048.23
Jul 24, 2026$1,075.00$1,077.38$1,051.82$1,061.23
Jul 23, 2026$1,072.52$1,084.73$1,062.48$1,074.72
Jul 22, 2026$1,078.52$1,106.66$1,078.00$1,098.20

GS Frequently Asked Questions

What chart pattern is GS forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Goldman Sachs (GS) on the daily chart, with a measured-move target of $930.35.
Is a rising wedge bullish or bearish?
The rising wedge detected on GS is a bearish pattern, projecting a measured-move target of $930.35. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for GS?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), GS's nearest support is around $1,013.72 and nearest resistance around $1,111.17.
What is the price target if GS's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $930.35 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was GS's closing price on Aug 4, 2026?
Goldman Sachs (GS) last closed at $1,052.98 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.