Emami Gold Coin (IRR) Price Holds Above Key Moving Averages Despite Daily Slump
Emami Gold Coin (IRR) recorded a session close of 2,577,900,000 IRR on November 9, 2026. During the latest trading day, the asset moved between an intra-day...
Market Summary
Emami Gold Coin (IRR) recorded a session close of 2,577,900,000 IRR on November 9, 2026. During the latest trading day, the asset moved between an intra-day high of 2,600,000,000 IRR and a low of 2,574,300,000 IRR, following an opening price of 2,600,000,000 IRR.
Interactive price chart
Market Analysis
The price action for Emami Gold Coin (IRR) on November 9, 2026, reflects a single day of positive movement following recent sessions, marked by a close slightly above the daily low. Historical data shows fluctuating sessions over preceding weeks, with closes reaching as high as 2,739,650,000 IRR on October 22, 2026, before pulling back toward the 2,574,100,000 IRR level recorded on November 8, 2026.
Despite the recent downward adjustments from higher levels observed in late October, the price remains positioned above both the 50-day simple moving average of 2,572,056,000 IRR and the 200-day simple moving average of 2,058,828,250 IRR. However, the price trades below the 20-day simple moving average of 2,643,595,000 IRR.
Technical Highlights
- Moving Averages: The price remains situated above the 50-day and 200-day simple moving averages, though it stays below the 20-day simple moving average.
- Relative Strength Index (RSI): The 14-day RSI reads at 45.26, reflecting neutral market momentum without overbought or oversold conditions.
- MACD: The Moving Average Convergence Divergence indicator shows a MACD line at 2,587,283.03 and a signal line at 19,019,451.91, resulting in a negative histogram value of -16,432,168.88.
- Bollinger Bands: The price trades near the lower Bollinger Band boundary, where the upper band is 2,727,021,122.41, the middle band is 2,643,595,000 IRR, and the lower band is 2,560,168,877.59 IRR.
- Average True Range (ATR): The 14-day ATR stands at 41,439,398.84, quantifying recent volatility within the daily trading range.
Conclusion
Emami Gold Coin (IRR) closed at 2,577,900,000 IRR, holding above its 50-day and 200-day simple moving averages while registering below its 20-day simple moving average. Technical indicators such as the RSI at 45.26 and a negative MACD histogram illustrate current positioning within the broader market structure. 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.