Gasoline (XB1) Down $0 On 4 Hour Chart, Entered Today Down For the 3rd Straight Day; in an Uptrend Over Past 90 Days

Gasoline 4 Hour Price Update

Updated March 03, 2021 01:55 AM GMT (09:55 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

Gasoline came into today down 0.33% ($0.01) from the open of the day prior, marking the 3rd straight day a decline has happened. Relative to other instruments in the energy commodity asset class, Gasoline ranked 3rd since the day prior in terms of percentage price change. The daily price chart of Gasoline below illustrates.

XB1

Gasoline Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 18 out of the past 30 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.