Gasoline (XB1) Down $0 in Last 4 Hours; Entered Today Up For the 3rd Day In A Row

Gasoline 4 Hour Price Update

Updated June 03, 2021 01:54 AM GMT (09:54 PM EST)

Gasoline closed the previous 4 hours down 0.05% ($0); this denotes 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 closed yesterday up 1.09% ($0.02); this denotes the 3rd day in a row an increase has occurred. Relative to other instruments in the energy commodity asset class, Gasoline ranked 4th since yesterday in terms of percentage price change. Let’s take a look at the daily price chart of Gasoline.

XB1

Gasoline Technical Analysis

Coming into today the current price of Gasoline is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 10 out of the past 14 days.