Gasoline (XB1) Down $0 On 4 Hour Chart, Entered Today Up 0.08%; in an Uptrend Over Past 90 Days

Gasoline 4 Hour Price Update

Updated May 28, 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 is up 0.08% ($0) since yesterday, marking the 2nd straight day it has gone up. Relative to other instruments in the energy commodity asset class, Gasoline ranked 4th since yesterday in terms of percentage price change. Here is a daily price chart of Gasoline.

XB1

Gasoline Technical Analysis

The first thing we should note is that Gasoline is now close to its 20 day moving averages, which may act as price barrier for the asset. 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. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!