Gasoline (XB1) Down $0 in Last 4 Hours, 3 Day Down Streak Snapped; Breaks Above 20 Day Average

Gasoline 4 Hour Price Update

Updated April 26, 2021 01:53 AM GMT (09:53 PM EST)

Gasoline is down 0.05% ($0) since the previous 4 hours, marking the 3rd consecutive candle it has gone down. Out of the 6 instruments in the energy commodity asset class, Gasoline ended up ranking 3rd for the four-hour candle in terms of price change relative to the previous 4 hours.

Gasoline Daily Price Recap

The end of a 3 day negative run has come for Gasoline, which finished the previous day up 1.06% ($0.02). Out of the 6 instruments in the energy commodity asset class, Gasoline ended up ranking 3rd for the day in terms of price change relative to the previous day. Below is a daily price chart of Gasoline.

XB1

Gasoline Technical Analysis

Notably, Gasoline crossed above its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Gasoline’s price has gone up 16 them. As for those who trade off of candlesticks, we should note that we’re seeing morning star pattern appearing here.