Emami Gold Coin (IRR) Records 30-Day High Amidst Bullish Trend
Emami Gold Coin (IRR) closed higher on August 17, 2026, marking its highest closing price in 30 days. This latest gain extends a series of advances, with the...
Market Summary
Emami Gold Coin (IRR) closed higher on August 17, 2026, marking its highest closing price in 30 days. This latest gain extends a series of advances, with the coin now having posted two consecutive days of higher closes.
--------------------------------------------------
Interactive price chart
Market Analysis
The Emami Gold Coin (IRR) concluded the August 17 session at 1,905,100,000 IRR, reflecting an increase from its opening price of 1,900,150,000 IRR. During the session, the coin traded within a range, reaching a high of 1,905,400,000 IRR and a low of 1,895,100,000 IRR. The current closing price represents the highest close observed over the past 30 days.
The overall market structure indicates a bullish trend. The price is trading above its 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing the upward trajectory. The coin is approximately 15.3% below its 52-week high, while remaining significantly above its 52-week low. Key levels are identified with support at 1,799,800,000 IRR and resistance at 1,925,100,000 IRR.
--------------------------------------------------
Technical Highlights
Momentum indicators largely support the bullish outlook. The 14-period Relative Strength Index (RSI) is at 63.10, indicating positive momentum without entering overbought territory. The Moving Average Convergence Divergence (MACD) shows a positive histogram, with the MACD line positioned above its signal line, further confirming upward momentum.
The Emami Gold Coin's price is positioned near the upper Bollinger Band, suggesting strength in the current move. The Commodity Channel Index (CCI) at 124.67 also points to strong upward momentum. Both the Supertrend and Parabolic SAR (PSAR) indicators signal a bullish trend, with the price trading above both. The Average True Range (ATR) for the past 14 periods is approximately 26.6 million IRR, providing a measure of recent price volatility.
--------------------------------------------------
Conclusion
Emami Gold Coin (IRR) closed higher for a second consecutive day, achieving its highest close in 30 days. The prevailing market trend is bullish, supported by the price trading above key moving averages and positive momentum indicators. 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.