Gasoline (XB1) Down $0 in Last 4 Hours, Entered Today Down 1.88%; Crosses 20 Day Moving Average

Gasoline 4 Hour Price Update

Updated July 16, 2021 01:54 AM GMT (09:54 PM EST)

Gasoline closed the last 4 hour candle down 0.05% ($0); this denotes 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 last 4 hour candle.

Gasoline Daily Price Recap

Gasoline closed yesterday down 1.88% ($0.04); this denotes the 2nd consecutive day it has gone down. Out of the 6 instruments in the energy commodity asset class, Gasoline ended up ranking 5th for the day in terms of price change relative to yesterday. Below is a daily price chart of Gasoline.

XB1

Gasoline Technical Analysis

First things first: Gasoline crossed below its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 8 out of the past 14 days.