Emami Gold Coin (IRR) Records Daily Gain Amidst Broader Bullish Trend
On July 29, 2026, the Emami Gold Coin (IRR) closed at 1,879,850,000 IRR, marking a gain for the session. The coin opened at 1,880,100,000 IRR and reached a h...
Market Summary
On July 29, 2026, the Emami Gold Coin (IRR) closed at 1,879,850,000 IRR, marking a gain for the session. The coin opened at 1,880,100,000 IRR and reached a high of 1,880,100,000 IRR, while its low for the day was 1,819,800,000 IRR. This session represents one consecutive day of upward movement.
Interactive price chart
Market Analysis
The Emami Gold Coin experienced a wide trading range of approximately 60.3 million IRR during the latest session. Despite opening at its daily high, the coin saw a decline to its intraday low before recovering to close near its opening price. The overall market structure for the Emami Gold Coin is identified as Bullish.
The current price of 1,879,850,000 IRR is positioned above its 20-day, 50-day, and 200-day Simple Moving Averages, which stand at 1,836,697,500 IRR, 1,780,286,000 IRR, and 1,780,681,750 IRR, respectively. This alignment of price above key moving averages typically supports a bullish outlook. The 30-day volatility is measured at 1.73%. Key levels to observe include a support at 1,759,800,000 IRR and a resistance at 1,920,100,000 IRR.
Technical Highlights
Momentum indicators present a mixed picture. The 14-period Relative Strength Index (RSI) is at 57.59, indicating moderately positive momentum as it remains above the neutral 50 level. However, the Moving Average Convergence Divergence (MACD) shows its line below the signal line, accompanied by a negative histogram of -390,661 IRR, suggesting a recent weakening in positive momentum.
The Supertrend indicator, currently at 1,796,306,567 IRR with a bullish direction, supports the upward trend as the price is above this level. Conversely, the Parabolic SAR (PSAR) is at 1,899,344,767 IRR with a bearish direction, as the price is below the PSAR, indicating a potential shift in the short-term trend. The Average Directional Index (ADX) at 16.73 suggests a relatively weak trend strength, despite the Plus DI being above the Minus DI. Furthermore, the Aroon Oscillator is at -62.5, with Aroon Down at 100 and Aroon Up at 37.5, which points to a strong downtrend within the Aroon lookback period, contrasting with the broader bullish trend.
Conclusion
The Emami Gold Coin (IRR) registered a daily gain on July 29, 2026, closing higher after a session marked by a notable price range. The broader market structure indicates a bullish trend, supported by the price trading above key moving averages. However, technical indicators offer conflicting signals, with some suggesting weakening momentum and a potential short-term shift, while others confirm the bullish stance. The available market data alone do not indicate the underlying cause of the observed price movement.
Live rates
Track the latest Emami Gold Coin (IRR) session on Iran Market Data.