Emami Gold Coin (IRR) Extends Gains to Five Sessions, Reaching 30-Day High
Emami Gold Coin (IRR) closed higher on August 20, 2026, marking its fifth consecutive day of gains. The asset's closing price reached 1,995,400,000 IRR, whic...
Market Summary
Emami Gold Coin (IRR) closed higher on August 20, 2026, marking its fifth consecutive day of gains. The asset's closing price reached 1,995,400,000 IRR, which represents its highest close in 30 days.
Interactive price chart
Market Analysis
The Emami Gold Coin opened at 1,995,100,000 IRR and closed at its session high of 1,995,400,000 IRR, indicating strong intraday upward movement. This performance extends a notable five-day winning streak. The current price level places the asset significantly above its 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing the prevailing bullish trend. The coin also reached a new resistance level at 1,995,400,000 IRR. Over the past 30 days, volatility has been moderate, measured at 1.32%. The current price is approximately 11.3% below its 52-week high, while being over 61% above its 52-week low.
Technical Highlights
Momentum indicators suggest the Emami Gold Coin is in overbought territory. The Relative Strength Index (RSI) is at 76.20, while the Stochastic RSI (K) is at 100.0 and Williams %R is at 0.0. The Commodity Channel Index (CCI) also registers a high value of 265.29, further indicating strong upward pressure.
Trend-following indicators largely confirm the bullish sentiment. The MACD line remains above its signal line with a positive histogram, and the Supertrend indicator maintains a bullish direction. The Average Directional Index (ADX) at 21.41, with a Plus DI of 48.89 significantly exceeding the Minus DI of 14.92, suggests a developing trend. The Parabolic SAR (PSAR) is positioned below the price, consistent with an upward trajectory. Aroon Up at 0.0 and Aroon Down at 91.67 also confirm the strong upward trend, indicating a recent new high and a distant last low. Furthermore, the price closed above the upper Bollinger Band and at the Donchian Upper Band, highlighting the strength of the recent advance.
Conclusion
Emami Gold Coin (IRR) demonstrated robust upward momentum on August 20, 2026, extending its gains for a fifth consecutive session and closing at a 30-day high. While technical indicators broadly confirm the bullish trend, several also point to the asset being in overbought conditions. 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.