Gasoline 4 Hour Price Update
Updated January 06, 2021 01:53 AM GMT (09:53 PM EST)
Gasoline came into the current 4 hour candle down 0.05% ($0) from the open of 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
The choppiness in the recent daily price action of Gasoline continues; to start today, it came in at a price of 1.4521 US dollars, up 5.77% ($0.08) since yesterday. Gasoline outperformed all 6 assets in the energy commodity asset class since yesterday. Congrats to its holders! Let’s take a look at the daily price chart of Gasoline.
Gasoline Technical Analysis
Volatility for Gasoline has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 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 20 them.