Emami Gold Coin (IRR) Records Second Consecutive Daily Decline
On September 12, 2026, the Emami Gold Coin (IRR) closed lower for the second consecutive session. The asset opened at 2,410,050,000 IRR, reached an intraday...
Market Summary
On September 12, 2026, the Emami Gold Coin (IRR) closed lower for the second consecutive session. The asset opened at 2,410,050,000 IRR, reached an intraday high of 2,410,100,000 IRR, and touched a low of 2,394,500,000 IRR before settling at 2,394,950,000 IRR.
Interactive price chart
Market Analysis
The Emami Gold Coin experienced a downward movement during the latest trading session, with its closing price of 2,394,950,000 IRR marking a decline from its opening value. This session's close also represents the second consecutive day of losses for the asset. Despite this recent pullback, the overall market structure indicates a bullish trend, with the price positioned above its 20-day, 50-day, and 200-day Simple Moving Averages. The asset is currently trading approximately 1.85% below its 52-week high, while being significantly above its 52-week low by about 71.34%. Resistance is noted at 2,440,100,000 IRR, with support identified at 1,935,100,000 IRR.
Technical Highlights
Momentum indicators present a mixed picture. The 14-period Relative Strength Index (RSI) stands at 73.10, suggesting that the asset is in overbought territory. Conversely, the Average Directional Index (ADX) at 44.75, with the Plus Directional Indicator (+DI) at 58.15 significantly above the Minus Directional Indicator (-DI) at 18.84, points to a strong underlying uptrend. The Moving Average Convergence Divergence (MACD) shows a positive MACD line above its signal line, accompanied by a positive histogram, indicating continued bullish momentum. However, the Aroon Oscillator, at -95.83, with Aroon Down at 100 and Aroon Up at 4.17, suggests that recent price action has been dominated by bearish pressure, indicating that the lowest low in the lookback period occurred very recently. Both the Supertrend and Parabolic SAR indicators maintain a bullish direction.
Conclusion
The Emami Gold Coin (IRR) recorded a second consecutive daily decline on September 12, 2026, closing near its intraday low. While the broader market structure and several key indicators like ADX and MACD continue to signal a bullish trend with the price above its major moving averages, the RSI suggests overbought conditions, and the Aroon Oscillator points to recent bearish momentum. 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.