{"id":30478,"date":"2026-03-17T06:03:14","date_gmt":"2026-03-17T06:03:14","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/guvenli-liman-talebinin-azalmasiyla-xau-usd-5-000-civarinda-yatay-seyrediyor-gecen-haftaki-satis-dalgasinin-ardindan-dengeleniyor\/"},"modified":"2026-03-17T06:03:14","modified_gmt":"2026-03-17T06:03:14","slug":"guvenli-liman-talebinin-azalmasiyla-xau-usd-5-000-civarinda-yatay-seyrediyor-gecen-haftaki-satis-dalgasinin-ardindan-dengeleniyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/guvenli-liman-talebinin-azalmasiyla-xau-usd-5-000-civarinda-yatay-seyrediyor-gecen-haftaki-satis-dalgasinin-ardindan-dengeleniyor\/","title":{"rendered":"G\u00fcvenli liman talebinin azalmas\u0131yla XAU\/USD 5.000 civar\u0131nda yatay seyrediyor, ge\u00e7en haftaki sat\u0131\u015f dalgas\u0131n\u0131n ard\u0131ndan dengeleniyor"},"content":{"rendered":"Spot alt\u0131n Pazartesi g\u00fcn\u00fc fazla de\u011fi\u015fmedi. H\u00fcrm\u00fcz Bo\u011faz\u0131 \u00e7evresindeki gerilimin azalmas\u0131yla, fiyatlara eklenen \u201ckorku primi\u201d (jeopolitik risk nedeniyle olu\u015fan ekstra fiyat art\u0131\u015f\u0131) geriledi. Fiyatlar 5.600\u2019e yak\u0131n zirveden geri \u00e7ekildi ve \u015fimdi 5.000 civar\u0131nda yatay seyrediyor.\n\nXAU\/USD dar bir bantta i\u015flem g\u00f6rd\u00fc ve ge\u00e7en haftaki sert d\u00fc\u015f\u00fc\u015f\u00fcn ard\u0131ndan 5.000\u2019e yak\u0131n kapand\u0131. 5.000 seviyesi k\u0131sa vadede \u201cdestek\u201d (fiyat\u0131n d\u00fc\u015ferken tutunma e\u011filimi g\u00f6sterdi\u011fi seviye) olarak \u00e7al\u0131\u015f\u0131yor; piyasa yeni bir y\u00f6n i\u00e7in beklemede.\n\n

Alt\u0131n Kritik Destek Yak\u0131n\u0131nda Yatay Seyrediyor<\/h3>\nDaha \u00f6nce 5.600\u2019e do\u011fru g\u00f6r\u00fclen h\u0131zl\u0131 y\u00fckseli\u015f, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019ndaki aksaman\u0131n k\u00fcresel deniz yoluyla ta\u015f\u0131nan petrol arz\u0131n\u0131n \u00f6nemli bir b\u00f6l\u00fcm\u00fcn\u00fc etkilemesiyle geldi. \u0130lk \u015fokun etkisi azal\u0131nca ve ham petrol fiyatlar\u0131 d\u00fc\u015f\u00fcnce, \u201cg\u00fcvenli liman talebi\u201d (belirsizlikte yat\u0131r\u0131mc\u0131lar\u0131n daha g\u00fcvenli g\u00f6r\u00fclen varl\u0131klara y\u00f6nelmesi) zay\u0131flad\u0131.\n\nPiyasan\u0131n oda\u011f\u0131 \u015fimdi \u00c7ar\u015famba g\u00fcnk\u00fc ABD Merkez Bankas\u0131 (Fed) karar\u0131na ve g\u00fcncellenmi\u015f \u201cEkonomik Tahminler \u00d6zeti\u201dne (Fed yetkililerinin b\u00fcy\u00fcme, enflasyon ve faiz i\u00e7in beklentilerini g\u00f6steren rapor) d\u00f6n\u00fcyor. Piyasalar faizin %3,75\u2019te sabit kalmas\u0131n\u0131 bekliyor; \u201cfaiz patikas\u0131\u201d (\u00f6n\u00fcm\u00fczdeki toplant\u0131larda faizlerin izlemesi beklenen y\u00f6n) g\u00f6r\u00fcn\u00fcm\u00fc ABD Dolar\u0131 ve \u201creel getiriler\u201d (enflasyondan ar\u0131nd\u0131r\u0131lm\u0131\u015f faiz\/ getiri) \u00fczerindeki etkisi nedeniyle yak\u0131ndan izlenecek.\n\nCBOE Alt\u0131n Oynakl\u0131k Endeksi (GVZ) \u015fu s\u0131ralar 14,5 civar\u0131nda. Bu endeks, alt\u0131n fiyat\u0131nda beklenen dalgalanmay\u0131 (\u00f6rt\u00fck\/ima edilen oynakl\u0131k) \u00f6l\u00e7er ve 2025\u2019teki panik d\u00f6nemindeki zirvelerin belirgin \u015fekilde alt\u0131nda. Daha d\u00fc\u015f\u00fck \u201c\u00f6rt\u00fck oynakl\u0131k\u201d, fiyat\u0131n ileride ne kadar hareket edebilece\u011fine dair beklentinin daha s\u0131n\u0131rl\u0131 oldu\u011funu g\u00f6sterir; bu da \u201copsiyon\u201d (belirli tarihe kadar belirli fiyattan al\u0131m\/sat\u0131m hakk\u0131 veren s\u00f6zle\u015fme) maliyetlerini g\u00f6rece d\u00fc\u015f\u00fcr\u00fcr. Piyasa, k\u0131sa vadede benzer b\u00fcy\u00fckl\u00fckte bir \u015fok ihtimalini d\u00fc\u015f\u00fck g\u00f6r\u00fcyor.\n\n

Fed Beklentileri Yatay Band\u0131 Belirliyor<\/h3>\nFed, faizin %3,75 oldu\u011fu \u00f6nceki d\u00f6neme k\u0131yasla farkl\u0131 bir konumda. 2026 \u015eubat T\u00dcFE (CPI: t\u00fcketici fiyat endeksi, enflasyonu \u00f6l\u00e7er) verisi enflasyonun %2,9\u2019da inat\u00e7\u0131 bi\u00e7imde kald\u0131\u011f\u0131n\u0131 g\u00f6sterince, ikinci \u00e7eyrekte yeni bir faiz indirimi beklentisi zay\u0131flad\u0131. \u201cUzun s\u00fcre y\u00fcksek faiz\u201d g\u00f6r\u00fcn\u00fcm\u00fc alt\u0131n\u0131n y\u00fckseli\u015fini s\u0131n\u0131rl\u0131yor ve fiyat\u0131 daha belirgin bir bantta tutuyor.\n\nDi\u011fer k\u00fcresel deniz ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 rotalar\u0131ndaki mevcut gerilimler, 2025\u2019teki ani \u015foktan farkl\u0131 olarak daha s\u0131n\u0131rl\u0131 ama s\u00fcrekli bir korku primi yarat\u0131yor. Bu durum fiyat i\u00e7in bir \u201ctaban\u201d etkisi yaparak, Fed\u2019in temkinli duru\u015fu s\u00fcrse bile sert bir d\u00fc\u015f\u00fc\u015f\u00fc zorla\u015ft\u0131r\u0131yor. Bu tablo, alt\u0131n ETF\u2019lerine (borsada i\u015flem g\u00f6ren fon; alt\u0131n fiyat\u0131n\u0131 takip eden yat\u0131r\u0131m \u00fcr\u00fcn\u00fc) giri\u015flerin tamamen panik seviyesinde olmasa da istikrarl\u0131 olmas\u0131na yans\u0131yor; son bir ayda %1,2 art\u0131\u015f var.\n\nBu ortamda yat\u0131r\u0131mc\u0131lar\u0131n yeni bir kriz yerine beklenen fiyat band\u0131na g\u00f6re opsiyon kulland\u0131\u011f\u0131 g\u00f6r\u00fcl\u00fcyor. 5.400 \u201cdiren\u00e7\u201d (fiyat y\u00fckselirken zorland\u0131\u011f\u0131 seviye) \u00fczerinde kullan\u0131m fiyatl\u0131 \u201ccall credit spread\u201d satmak (al\u0131m opsiyonlar\u0131yla kurulan, prim geliri hedefleyen ve riski s\u0131n\u0131rlayan strateji) gelir sa\u011flayabilir; ayn\u0131 zamanda ani bir y\u00fckseli\u015fe kar\u015f\u0131 risk tan\u0131mlanm\u0131\u015f olur. Buna ek olarak 4.850 ana deste\u011finin alt\u0131nda \u201ckoruyucu put\u201d almak (fiyat d\u00fc\u015f\u00fc\u015f\u00fcne kar\u015f\u0131 sigorta gibi \u00e7al\u0131\u015fan sat\u0131m opsiyonu) piyasa yap\u0131s\u0131nda beklenmedik bir bozulmaya kar\u015f\u0131 daha d\u00fc\u015f\u00fck maliyetli \u201ckorunma\u201d (hedge) sa\u011flayabilir.\n

\n\n

Hemen i\u015flem yapmaya ba\u015flay\u0131n – Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

Alt\u0131nda y\u00f6n aray\u0131\u015f\u0131 s\u00fcr\u00fcyor: H\u00fcrm\u00fcz gerilimi azal\u0131nca korku primi s\u00f6nd\u00fc, XAU\/USD 5.600\u2019den 5.000 deste\u011fine \u00e7ekildi. G\u00f6zler Fed karar\u0131nda; d\u00fc\u015f\u00fck oynakl\u0131k bant hareketini g\u00fc\u00e7lendiriyor.<\/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-30478","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\/30478","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=30478"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30478\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}