Emami Gold Coin (IRR) Extends Gains to Four Days, Reaches 30-Day High
On October 22, 2026, the Emami Gold Coin (IRR) closed at 2,739,650,000 IRR, marking its fourth consecutive day of gains. The session's closing price represen...
Market Summary
On October 22, 2026, the Emami Gold Coin (IRR) closed at 2,739,650,000 IRR, marking its fourth consecutive day of gains. The session's closing price represented the highest level observed in the past 30 days.
Interactive price chart
Market Analysis
The Emami Gold Coin opened the session at 2,753,450,000 IRR, trading within a range that saw a high of 2,756,200,000 IRR and a low of 2,709,200,000 IRR before settling at its closing price. Compared to the previous session, the coin recorded a higher high and a higher low, indicating continued upward progression. The current price stands approximately 1.05% below its 52-week high, while being significantly above its 52-week low. The market structure indicates a bullish trend, with the price trading above its 20-day, 50-day, and 200-day Simple Moving Averages. Key resistance is identified at 2,768,700,000 IRR, with support at 2,574,500,000 IRR.
Technical Highlights
Momentum indicators largely support the current upward trajectory. The 14-period Relative Strength Index (RSI) is at 67.09, indicating positive momentum. The Average Directional Index (ADX) at 31.48 suggests a strong trend, further supported by the Plus Directional Indicator (+DI) being notably above the Minus Directional Indicator (-DI). Price action near the upper Bollinger Band also points to underlying strength. However, some indicators present a more nuanced picture; the MACD histogram is negative, with the MACD line below its signal line, suggesting a potential short-term easing of upward momentum. Additionally, the Supertrend indicator currently shows a negative direction, contrasting with the broader bullish market structure. The Parabolic SAR (PSAR) is positioned below the price, reinforcing the observed uptrend.
Conclusion
The Emami Gold Coin (IRR) has demonstrated a clear upward trend over the past four sessions, culminating in its highest close in 30 days. This bullish sentiment is reinforced by the price trading above key moving averages and strong trend indicators like the ADX and PSAR. While momentum remains positive, some technical signals, such as the MACD histogram and Supertrend direction, suggest a potential moderation in the immediate upward drive. The available market data alone do not indicate the underlying cause of the observed price movement.
Live rates
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