Gasoline (XB1) Down $0 Over Past 4 Hours, Came Into Today Up For the 2nd Straight Day; in an Uptrend Over Past 30 Days

Gasoline 4 Hour Price Update

Updated December 31, 2020 01:52 AM GMT (09:52 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. Relative to other instruments in the energy commodity asset class, Gasoline ranked 3rd since the last 4 hour candle in terms of percentage price change.

Gasoline Daily Price Recap

Gasoline closed the previous day up 1.74% ($0.02); this denotes the 2nd straight day an upward move has occurred. Relative to other instruments in the energy commodity asset class, Gasoline ranked 2nd since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of Gasoline.

XB1

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 14 days Gasoline’s price has gone up 9 them.