18K Gold per gram (IRR) Extends Gains Amid Strong Trend and Overbought Signals

Market Summary

18K Gold per gram in Iranian Rial closed at 216,774,000 IRR on August 26, 2026, marking a modest gain from its opening price of 216,540,000 IRR. The session saw the precious metal trade within a broad range, reaching a high of 218,743,000 IRR and a low of 211,688,000 IRR. This daily advance followed a decline in the previous session.

Market Analysis

The price of 18K Gold per gram has maintained a bullish trajectory over the past month, with the latest closing price significantly above its 20-day, 50-day, and 200-day Simple Moving Averages. While the asset closed higher today, its intraday high of 218,743,000 IRR remained below the highs observed on August 23 and August 24. Similarly, the session's low of 211,688,000 IRR was lower than the previous day's low.

The market structure continues to indicate a bullish trend, with the price approximately 3.6% away from its 52-week high. Key resistance for 18K Gold per gram is identified at 224,856,000 IRR, while support is noted at 182,822,000 IRR. The daily trading range of approximately 7,055,000 IRR was wider than the 14-day Average True Range of 5,263,277 IRR, suggesting increased intraday volatility.

Technical Highlights

Momentum indicators suggest the asset is currently in overbought territory. The 14-day Relative Strength Index (RSI) stands at 78.14, well above the 70 threshold typically signaling overbought conditions. This is corroborated by the Stochastic RSI, with both its %K and %D lines above 80, and the Williams %R indicator at -20.79.

Despite these overbought signals, the trend's strength remains robust. The Average Directional Index (ADX) is at 42.14, indicating a very strong trend, with the Positive Directional Indicator (+DI) significantly higher than the Negative Directional Indicator (-DI). The Moving Average Convergence Divergence (MACD) also shows positive momentum, with its histogram above the zero line.

However, the Aroon Oscillator, at -75.00, along with a high Aroon Down value of 83.33, suggests that a new low was observed relatively recently. This could hint at a potential short-term weakening of the upward momentum, even as the broader trend remains strong.

Conclusion

18K Gold per gram extended its gains today, reinforcing a strong bullish trend that has been evident over the past month. While momentum indicators signal overbought conditions, the underlying trend strength remains pronounced. The Aroon indicator, however, suggests a recent low, which may warrant attention for short-term shifts. The available market data alone do not indicate the underlying cause of the observed price movement.

Live rates

Track the latest 18K Gold per gram (IRR) session on Iran Market Data.