Gasoline (XB1) Down $0 in Last 4 Hours, 5 Day Up Streak Ended; in an Uptrend Over Past 14 Days

Gasoline 4 Hour Price Update

Updated March 01, 2021 01:54 AM GMT (09:54 PM EST)

Gasoline came into the current 4 hour candle down 0.05% ($0) from the open of the previous 4 hours, marking the 3rd consecutive candle it has gone down. Relative to other instruments in the energy commodity asset class, Gasoline ranked 3rd since the previous 4 hours in terms of percentage price change.

Gasoline Daily Price Recap

Gasoline’s 5 day positive streak has officially concluded, as the candle from the day prior closed down 1.31% ($0.03). 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 day prior. Let’s take a look at the daily price chart of Gasoline.

XB1

Gasoline Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 30 days Gasoline’s price has gone up 19 them.