Emami Gold Coin Reaches 30-Day High Amid Bullish Trend
The Emami Gold Coin (IRR) closed at 2,719,100,000 IRR on October 6, 2026, marking a gain for the session and achieving its highest closing price in the last...
Market Summary
The Emami Gold Coin (IRR) closed at 2,719,100,000 IRR on October 6, 2026, marking a gain for the session and achieving its highest closing price in the last 30 days. The coin opened at 2,739,150,000 IRR, reached an intraday high of 2,742,700,000 IRR, but experienced an intraday pullback to a low of 2,715,600,000 IRR before settling slightly higher than the previous day's close.
Interactive price chart
Market Analysis
Emami Gold Coin continues to exhibit a bullish trend, with the latest session's close representing a new 30-day high. The price action over the past month shows a significant upward trajectory, rising from 2,339,850,000 IRR on September 14 to today's close of 2,719,100,000 IRR. The coin is currently trading approximately 1.79% below its 52-week high, while remaining significantly above its 52-week low.
Despite the overall upward movement, the latest session saw the coin open higher and then decline intraday, closing below its opening price. The daily trading range was approximately 27.1 million IRR. The price remains positioned above its 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing the prevailing bullish market structure.
Technical Highlights
Several technical indicators underscore the current market conditions for Emami Gold Coin. The Average Directional Index (ADX) at 43.60 indicates a strong trend is in place, with the Plus Directional Indicator (+DI) at 62.62 significantly outweighing the Minus Directional Indicator (-DI) at 13.30, confirming robust positive directional movement.
Momentum indicators suggest the asset is in an extended phase. The 14-period Relative Strength Index (RSI) is at 81.25, while the Stochastic RSI (K) is at 99.62, both signaling overbought conditions. The Commodity Channel Index (CCI) at 130.17 further supports the presence of strong upward momentum.
The price continues to trade above its Supertrend level of 2,580,479,843 IRR and the Parabolic SAR (PSAR) at 2,494,940,416 IRR, both of which are aligned with the bullish trend. Immediate resistance is identified at 2,768,700,000 IRR, which also corresponds to the Donchian Upper band.
Conclusion
Emami Gold Coin concluded the session with a gain, reaching a 30-day closing high. The overall trend remains bullish, supported by price action above key moving averages and strong trend indicators. However, momentum indicators suggest the asset is currently in an overbought state. 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.