Gasoline 4 Hour Price Update
Updated July 12, 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 previous 4 hours, 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 previous 4 hours.
Gasoline Daily Price Recap
Gasoline closed the previous day up 1.63% ($0.04); this denotes the 2nd consecutive day an increase has occurred. Out of the 6 instruments in the energy commodity asset class, Gasoline ended up ranking 4th for the day in terms of price change relative to the previous day. Below is a daily price chart of Gasoline.
Gasoline Technical Analysis
Coming into today Gasoline is now close to its 20 day averages, located at 2.23 respectively, and thus may be at a key juncture along those timeframes. 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.