Gasoline (XB1) Down $0 Over Past 4 Hours, 5 Day Up Streak Ended; in an Uptrend Over Past 14 Days

Gasoline 4 Hour Price Update

Updated June 08, 2021 01:53 AM GMT (09:53 PM EST)

Gasoline is down 0.05% ($0) since 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’s 5 day positive streak has officially concluded, as the candle from the day prior closed down 0.83% ($0.02). Out of the 6 instruments in the energy commodity asset class, Gasoline ended up ranking 5th for the day in terms of price change relative to the day prior. Here is a 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. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 9 out of the past 14 days.