{"id":49294,"date":"2026-06-03T01:29:38","date_gmt":"2026-06-03T01:29:38","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/altin-alcalan-ucgenin-yani-sira-yukselen-tahvil-getirileri-ve-dolarin-asagi-yonlu-riski-artirmasina-ragmen-4-500-dolarda-tutunuyor\/"},"modified":"2026-06-03T01:29:38","modified_gmt":"2026-06-03T01:29:38","slug":"altin-alcalan-ucgenin-yani-sira-yukselen-tahvil-getirileri-ve-dolarin-asagi-yonlu-riski-artirmasina-ragmen-4-500-dolarda-tutunuyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/altin-alcalan-ucgenin-yani-sira-yukselen-tahvil-getirileri-ve-dolarin-asagi-yonlu-riski-artirmasina-ragmen-4-500-dolarda-tutunuyor\/","title":{"rendered":"Alt\u0131n, al\u00e7alan \u00fc\u00e7genin yan\u0131 s\u0131ra y\u00fckselen tahvil getirileri ve dolar\u0131n a\u015fa\u011f\u0131 y\u00f6nl\u00fc riski art\u0131rmas\u0131na ra\u011fmen 4.500 dolarda tutunuyor"},"content":{"rendered":"

Scotiabank stratejistleri Shaun Osborne ve Eric Theoret, alt\u0131n\u0131n 4.500 $\/ons civar\u0131nda dar bir konsolidasyon i\u00e7inde i\u015flem g\u00f6rd\u00fc\u011f\u00fcn\u00fc belirtiyor. Fiyat hareketini, teknik analizde genellikle a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131yla ili\u015fkilendirilen bir formasyon olan al\u00e7alan \u00fc\u00e7genin alt s\u0131n\u0131r\u0131nda konumlanm\u0131\u015f olarak tan\u0131ml\u0131yorlar; spot fiyat ise \u015fimdilik seviyesini koruyor.<\/p>\n

Banka, riskten ka\u00e7\u0131\u015f tonunu \u0130ran\u2019\u0131n \u0130srail\u2019i protesto ederek ABD ile m\u00fczakereleri durdurdu\u011funu a\u00e7\u0131klamas\u0131n\u0131n ard\u0131ndan pazartesi g\u00fcn\u00fc piyasa alg\u0131s\u0131nda ya\u015fanan de\u011fi\u015fime ba\u011fl\u0131yor. Bu geli\u015fme seans boyunca piyasalar\u0131n savunmac\u0131 bir \u015fekilde i\u015flem g\u00f6rmesine neden olurken, alt\u0131n da d\u00fc\u015f\u00fc\u015f e\u011filimli teknik g\u00f6r\u00fcn\u00fcme ra\u011fmen 4.500 $\/ons yak\u0131n\u0131ndaki band\u0131n\u0131 korudu.<\/p>\n

D\u00fc\u015f\u00fc\u015f E\u011filimli Teknikler ve Makroekonomik Bask\u0131lar<\/h3>\n

Alt\u0131n fiyatlar\u0131n\u0131n 4500 $\/ons seviyesi etraf\u0131nda dar bir bantta konsolide olmas\u0131n\u0131 izliyoruz. Bu fiyat hareketi, genellikle a\u015fa\u011f\u0131 y\u00f6nl\u00fc sonu\u00e7lanan bir teknik formasyon olan al\u00e7alan \u00fc\u00e7genin taban\u0131n\u0131 olu\u015fturuyor. Piyasa \u015fimdilik bu deste\u011fi koruyor olsa da, olu\u015fum \u00f6n\u00fcm\u00fczdeki haftalarda artan a\u015fa\u011f\u0131 y\u00f6nl\u00fc risklere i\u015faret ediyor.<\/p>\n

Bu d\u00fc\u015f\u00fc\u015f e\u011filimli teknik g\u00f6r\u00fcn\u00fcm, daha g\u00fc\u00e7l\u00fc bir ABD dolar\u0131 ve y\u00fckselen tahvil getirileriyle de destekleniyor. ABD 10 y\u0131ll\u0131k Hazine tahvili faizi yak\u0131n zamanda yeniden %4,6\u2019n\u0131n \u00fczerine \u00e7\u0131kt\u0131; bu da getirisi olmayan alt\u0131n\u0131n yat\u0131r\u0131mc\u0131lar a\u00e7\u0131s\u0131ndan elde tutmay\u0131 daha az cazip hale getiriyor. Bu cuma a\u00e7\u0131klanacak may\u0131s istihdam raporu \u00f6ncesinde, ekonomide kal\u0131c\u0131 g\u00fcce i\u015faret edecek herhangi bir sinyal getirileri daha da yukar\u0131 ta\u015f\u0131yabilir ve alt\u0131n \u00fczerinde ek bask\u0131 yaratabilir.<\/p>\n

Pozisyonlanma ve Strateji De\u011ferlendirmeleri<\/h3>\n

Piyasa pozisyonlanma verileri de alt\u0131na ili\u015fkin temkinli duru\u015fu destekliyor. Son CFTC raporlar\u0131, b\u00fcy\u00fck spek\u00fclat\u00f6rlerin net-uzun pozisyonlar\u0131n\u0131 \u00fcst \u00fcste ikinci hafta azaltt\u0131\u011f\u0131n\u0131 g\u00f6steriyor; bu da y\u00fckseli\u015f taraf\u0131ndaki inanc\u0131n zay\u0131flad\u0131\u011f\u0131na i\u015faret ediyor. Ayr\u0131ca, \u00f6nemli alt\u0131n destekli ETF\u2019lerden istikrarl\u0131 \u00e7\u0131k\u0131\u015flar g\u00f6zlemledik; may\u0131s\u0131n ikinci yar\u0131s\u0131nda 600 milyon dolar\u0131n \u00fczerinde para \u00e7\u0131k\u0131\u015f\u0131 ger\u00e7ekle\u015fti.<\/p>\n

Bu arka plan dikkate al\u0131nd\u0131\u011f\u0131nda, t\u00fcrev i\u015flem yapan yat\u0131r\u0131mc\u0131lar\u0131n 4500 deste\u011finin alt\u0131na olas\u0131 bir k\u0131r\u0131lmaya kar\u015f\u0131 pozisyon almay\u0131 de\u011ferlendirmesi gerekti\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz. Temmuz vadeli sat\u0131m (put) opsiyonlar\u0131 almak, riski tan\u0131mlayarak olas\u0131 bir d\u00fc\u015f\u00fc\u015ften faydalanman\u0131n net bir yolunu sunuyor. Prim maliyetini azaltmak isteyenler i\u00e7in ise d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc put spread stratejileri etkili bir se\u00e7enek olabilir.<\/p>\n

\u0130ran\u2019\u0131n m\u00fczakereleri durdurmas\u0131yla artan mevcut jeopolitik gerilim ge\u00e7ici bir destek sa\u011fl\u0131yor; ancak bunun olumsuz teknik ve makro bask\u0131lar\u0131 dengelemeye yetmedi\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz. Alt\u0131n opsiyonlar\u0131nda ima edilen volatilite y\u00fckseliyor; bu da piyasan\u0131n bu konsolidasyondan belirleyici bir k\u0131r\u0131lmaya haz\u0131rland\u0131\u011f\u0131n\u0131 g\u00f6steriyor. 4500\u2019\u00fcn alt\u0131nda ger\u00e7ekle\u015fecek g\u00fcnl\u00fck kapan\u0131\u015f\u0131, d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc pozisyonlar\u0131n art\u0131r\u0131lmas\u0131 i\u00e7in tetikleyici olarak izleyece\u011fiz.<\/p>\n","protected":false},"excerpt":{"rendered":"

Alt\u0131nda kritik e\u015fik: 4.500 $\/ons\u2019ta s\u0131k\u0131\u015fma s\u00fcr\u00fcyor. Scotiabank, al\u00e7alan \u00fc\u00e7gen taban\u0131nda a\u015fa\u011f\u0131 risk, g\u00fc\u00e7l\u00fc dolar ve %4,6 \u00fczeri tahvil getirileriyle bask\u0131 g\u00f6r\u00fcyor; put opsiyonlar\u0131 \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":47690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49294","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/49294","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=49294"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/49294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47690"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=49294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=49294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=49294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}