Gasoline (XB1) Down $0 Over Past 4 Hours, Fares the Worst Out of energy commodity; Entered Today Down 1.33%

Gasoline 4 Hour Price Update

Updated April 21, 2021 01:54 AM GMT (09:54 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

The choppiness in the recent daily price action of Gasoline continues; to start today, it came in at a price of 2.0174 US dollars, down 1.33% ($0.03) since the previous day. On a relative basis, Gasoline was the worst performer out of all 6 of the assets in the energy commodity asset class today. The daily price chart of Gasoline below illustrates.

XB1

Gasoline Technical Analysis

The first thing we should note is that 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 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 7 out of the past 10 days.