Gasoline (XB1) Up $0 Over Past 4 Hours, Started Today Up 0.12%; in an Uptrend Over Past 30 Days

Gasoline 4 Hour Price Update

Updated July 07, 2020 07:07 AM GMT (03:07 AM EST)

Gasoline came into the current 4 hour candle up 0.12% ($0) from the open of the last 4 hour candle, marking the 2nd candle in a row an increase has occurred. On a relative basis, Gasoline was the worst performer out of all 6 of the assets in the energy commodity asset class the current 4 hour candle.

Gasoline Daily Price Recap

Gasoline closed the day prior up 0.12% ($0); this denotes the 2nd day in a row an increase has occurred. On a relative basis, Gasoline was the worst performer out of all 6 of the assets in the energy commodity asset class today. Let’s take a look at the daily price chart of Gasoline.

Gasoline Technical Analysis

Notably, 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 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 21 out of the past 30 days.