Gasoline (XB1) Down $0 in Last 4 Hours, Entered Today Up 4%; Breaks Above 50 Day Average

Gasoline 4 Hour Price Update

Updated July 22, 2021 01:53 AM GMT (09:53 PM EST)

Gasoline is down 0.05% ($0) since the last 4 hour candle, 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 last 4 hour candle.

Gasoline Daily Price Recap

Gasoline is up 4% ($0.09) since yesterday, marking the 2nd day in a row an increase has occurred. Relative to other instruments in the energy commodity asset class, Gasoline ranked 3rd since yesterday in terms of percentage price change. Below is a daily price chart of Gasoline.

XB1

Gasoline Technical Analysis

Notably, Gasoline crossed above its 50 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 17 them.