{"id":29760,"date":"2026-03-06T12:57:22","date_gmt":"2026-03-06T12:57:22","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/fedin-temkinli-tutumuna-ragmen-abd-dolari-zayif-seyrini-korurken-altin-onceki-seansta-kaydettigi-kayiplari-telafi-etti\/"},"modified":"2026-03-06T12:57:22","modified_gmt":"2026-03-06T12:57:22","slug":"fedin-temkinli-tutumuna-ragmen-abd-dolari-zayif-seyrini-korurken-altin-onceki-seansta-kaydettigi-kayiplari-telafi-etti","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/fedin-temkinli-tutumuna-ragmen-abd-dolari-zayif-seyrini-korurken-altin-onceki-seansta-kaydettigi-kayiplari-telafi-etti\/","title":{"rendered":"Fed\u2019in temkinli tutumuna ra\u011fmen ABD dolar\u0131 zay\u0131f seyrini korurken, alt\u0131n \u00f6nceki seansta kaydetti\u011fi kay\u0131plar\u0131 telafi etti"},"content":{"rendered":"Alt\u0131n, Cuma g\u00fcn\u00fc \u00f6nceki seanstaki kay\u0131plar\u0131n\u0131 telafi ederek y\u00fckseldi. Ancak yine de be\u015f haftan\u0131n ard\u0131ndan ilk haftal\u0131k d\u00fc\u015f\u00fc\u015f\u00fcn\u00fc ya\u015famaya haz\u0131rlan\u0131yordu. G\u00fcvenli liman (belirsizlikte tercih edilen varl\u0131k) talebi fiyatlar\u0131 desteklerken, petrol fiyatlar\u0131ndaki y\u00fckseli\u015f enflasyon (genel fiyat art\u0131\u015f\u0131) kayg\u0131lar\u0131n\u0131 art\u0131rd\u0131 ve ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) faiz indirimine gidece\u011fine y\u00f6nelik beklentileri azaltt\u0131.\n\nAlt\u0131n, ABD Dolar\u0131 bir g\u00fcn \u00f6nceki s\u0131n\u0131rl\u0131 y\u00fckseli\u015fin ard\u0131ndan zay\u0131f seyrini korurken kazan\u00e7lar\u0131n\u0131 tuttu. Fed yetkilileri temkinli duru\u015funu s\u00fcrd\u00fcrd\u00fc ve enflasyon hedefin \u00fczerinde kal\u0131rsa ek faiz art\u0131\u015f\u0131 ihtimalini a\u00e7\u0131k b\u0131rakt\u0131. Dolar\u0131n zay\u0131f olmas\u0131, ABD d\u0131\u015f\u0131ndaki al\u0131c\u0131lar i\u00e7in alt\u0131n\u0131 daha ucuz hale getiriyor.\n\n<h3>Orta Do\u011fu\u2019da \u00c7at\u0131\u015fman\u0131n T\u0131rmanmas\u0131<\/h3>\n\u0130ran\u2019\u0131n K\u00f6rfez \u00fczerinden f\u00fcze ve insans\u0131z hava arac\u0131 (\u0130HA) g\u00f6ndermesinin ard\u0131ndan, \u0130ran\u2013\u0130srail \u00e7at\u0131\u015fmas\u0131 yedinci g\u00fcn\u00fcne girdi; Bahreyn\u2019de bir petrol rafinerisinin vuruldu\u011fu bildirildi. \u0130srail, Tahran\u2019a y\u00f6nelik hava sald\u0131r\u0131lar\u0131n\u0131 s\u00fcrd\u00fcr\u00fcrken, ABD Kuveyt\u2019teki b\u00fcy\u00fckel\u00e7ili\u011finde faaliyetleri ask\u0131ya ald\u0131.\n\nPiyasalar, ABD\u2019den gelecek verileri bekliyor. Bunlar aras\u0131nda Tar\u0131m D\u0131\u015f\u0131 \u0130stihdam (Nonfarm Payrolls: tar\u0131m sekt\u00f6r\u00fc hari\u00e7 istihdam de\u011fi\u015fimi) da var. \u015eubat ay\u0131 i\u00e7in beklenti 59 bin seviyesinde; Ocak\u2019ta 130 bin art\u0131\u015f g\u00f6r\u00fclm\u00fc\u015ft\u00fc. Perakende Sat\u0131\u015flar\u2019\u0131n da Ocak ay\u0131nda ayl\u0131k bazda %0,3 gerilemesi bekleniyor; \u00f6nceki veri yatay gelmi\u015fti.\n\nABD\u2019nin, Y\u00fcksek Mahkeme\u2019nin \u00f6nceki vergilerin b\u00fcy\u00fck k\u0131sm\u0131n\u0131 iptal etmesinin ard\u0131ndan, %10\u2019luk oran yerine ge\u00e7ecek ge\u00e7ici %15\u2019lik k\u00fcresel g\u00fcmr\u00fck vergisini (tarife: ithalata uygulanan vergi) devreye almas\u0131 bekleniyor. Scott Bessent, yeni ticaret incelemeleri s\u00fcrerken tarifenin be\u015f ay i\u00e7inde tekrar d\u00fc\u015f\u00fcr\u00fclebilece\u011fini s\u00f6yledi.\n\nAlt\u0131n 5.110 dolar civar\u0131nda i\u015flem g\u00f6rd\u00fc. Diren\u00e7 (y\u00fckseli\u015fte zorlan\u0131lan seviye) 5.134 dolar, destek (d\u00fc\u015f\u00fc\u015fte tutunma beklenen seviye) 5.080 dolar olarak izlendi. Di\u011fer seviyeler 5.480 ve 5.598 dolar. Ayr\u0131ca 50 g\u00fcnl\u00fck EMA (\u00fcssel hareketli ortalama: son fiyatlara daha fazla a\u011f\u0131rl\u0131k veren ortalama) 4.883 dolar, 14 g\u00fcnl\u00fck RSI (g\u00f6reli g\u00fc\u00e7 endeksi: a\u015f\u0131r\u0131 al\u0131m-sat\u0131m \u00f6l\u00e7en g\u00f6sterge) 53 seviyesindeydi.\n\n<h3>Opsiyon Pozisyonlanmas\u0131 ve Risk<\/h3>\nOrta Do\u011fu\u2019daki \u00e7at\u0131\u015fman\u0131n 2025 ba\u015f\u0131nda yedinci g\u00fcn\u00fcne girmesiyle, alt\u0131n fiyat\u0131n\u0131 belirgin \u015fekilde g\u00fcvenli liman talebi yukar\u0131 ta\u015f\u0131yor. 5.100 dolar\u0131n \u00fczerindeki i\u015flemler, opsiyon piyasas\u0131nda ima edilen oynakl\u0131\u011f\u0131n (implied volatility: opsiyon fiyatlar\u0131na yans\u0131yan beklenen dalgalanma) \u00e7ok y\u00fcksek oldu\u011funu g\u00f6steriyor. Bu durum, 2022\u2019de Ukrayna sava\u015f\u0131n\u0131n ba\u015flang\u0131c\u0131nda CBOE Alt\u0131n Oynakl\u0131k Endeksi\u2019nin (GVZ: alt\u0131n opsiyonlar\u0131ndaki beklenen oynakl\u0131\u011f\u0131 \u00f6l\u00e7en endeks) birka\u00e7 hafta i\u00e7inde %35\u2019in \u00fczerine s\u0131\u00e7rad\u0131\u011f\u0131 d\u00f6neme benzetiliyor.\n\nY\u00fckseli\u015ften faydalanmak isteyenler i\u00e7in do\u011frudan al\u0131m (call) opsiyonu almak \u015fu a\u015famada pahal\u0131 olabilir. Bunun yerine bo\u011fa al\u0131m spread\u2019i (bull call spread: ayn\u0131 vadede daha d\u00fc\u015f\u00fck fiyattan al\u0131m opsiyonu al\u0131p daha y\u00fcksek fiyattan al\u0131m opsiyonu satarak maliyeti ve riski s\u0131n\u0131rlayan strateji) ile 5.480 dolara do\u011fru bir hareket hedeflenebilir. Bu y\u00f6ntem riskin s\u0131n\u0131r\u0131n\u0131 belirler ve giri\u015f maliyetini d\u00fc\u015f\u00fcr\u00fcr; fiyatlar zaten y\u00fcksekken daha temkinli bir yakla\u015f\u0131m sa\u011flar.\n\nDi\u011fer yandan, ani ate\u015fkes veya Fed\u2019den \u015fahin (hawkish: faizleri daha y\u00fcksek tutmaya e\u011filimli s\u0131k\u0131 duru\u015f) mesajlar \u00f6nemli bir risk. Sert d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 korunmak i\u00e7in, 5.080 dolardaki kanal deste\u011finin alt\u0131nda bir kullan\u0131m fiyat\u0131na (strike: opsiyonun kullan\u0131laca\u011f\u0131 fiyat) sahip sat\u0131m (put) opsiyonu al\u0131nmas\u0131 d\u00fc\u015f\u00fcn\u00fclebilir. Bu, eldeki uzun pozisyonlar i\u00e7in sigorta i\u015flevi g\u00f6r\u00fcr.\n\nAlt\u0131n\u0131n genel g\u00fcc\u00fc, 2025\u2019e gelene kadar devam eden kal\u0131c\u0131 al\u0131mlarla destekleniyor. D\u00fcnya Alt\u0131n Konseyi verilerine g\u00f6re merkez bankalar\u0131 2023\u2019te rekor 1.037 ton alt\u0131n ald\u0131 ve bu g\u00fc\u00e7l\u00fc al\u0131mlar 2024 boyunca s\u00fcrd\u00fc. Bu uzun vadeli e\u011filim, k\u0131sa vadede oynakl\u0131k y\u00fcksek kalsa bile fiyata taban olu\u015fturuyor.\n\n\u00d6n\u00fcm\u00fczdeki haftalarda en kritik veri, \u015eubat 2025 Tar\u0131m D\u0131\u015f\u0131 \u0130stihdam raporuydu. 59 bin beklentisinin belirgin \u015fekilde \u00fczerinde bir veri, ABD Dolar\u0131\u2019n\u0131 g\u00fc\u00e7lendirip alt\u0131n \u00fczerinde h\u0131zl\u0131 bask\u0131 yaratabilirdi. Daha zay\u0131f bir veri ise 5.500 dolar \u00fczerindeki tarihi zirvelerin yeniden test edilmesini tetikleyebilirdi.\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Alt\u0131nda g\u00f6zler Orta Do\u011fu gerilimi ve ABD verilerinde: G\u00fcvenli liman al\u0131mlar\u0131 5.110 dolar\u0131 destekliyor, petrol kaynakl\u0131 enflasyon Fed indirimi beklentisini t\u00f6rp\u00fcl\u00fcyor; oynakl\u0131k y\u00fcksek, opsiyonda temkinli stratejiler \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-29760","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/29760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=29760"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/29760\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=29760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=29760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=29760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}