Alt\u0131n (XAU\/USD) \u00c7ar\u015famba g\u00fcn\u00fc %1\u2019den fazla geriledi ve ABD-\u0130ran aras\u0131ndaki \u00e7at\u0131\u015fma riskinin petrol\u00fc yukar\u0131 \u00e7ekip ABD dolar\u0131n\u0131 desteklemesiyle \u00fcst \u00fcste ikinci haftal\u0131k d\u00fc\u015f\u00fc\u015f\u00fcn\u00fc s\u00fcrd\u00fcrd\u00fc. H\u00fcrm\u00fcz Bo\u011faz\u0131 yak\u0131nlar\u0131ndaki kar\u015f\u0131l\u0131kl\u0131 ate\u015f al\u0131\u015fveri\u015finin ard\u0131ndan ABD Merkez Kuvvetler Komutanl\u0131\u011f\u0131 (CENTCOM), \u0130ran\u2019a ait f\u00fcze rampalar\u0131 ile may\u0131n d\u00f6\u015femeye haz\u0131rlanan botlara kar\u015f\u0131 \u201csavunma ama\u00e7l\u0131 sald\u0131r\u0131lar\u201d ger\u00e7ekle\u015ftirdi\u011fini a\u00e7\u0131klad\u0131. \u0130ran ise Kuveyt, Birle\u015fik Arap Emirlikleri ve Suudi Arabistan dahil K\u00f6rfez \u00fclkelerindeki ABD \u00fcslerini hedef ald\u0131. Piyasalar, arz kesintisi ihtimali ve yeniden enflasyon bask\u0131s\u0131 olas\u0131l\u0131\u011f\u0131n\u0131 fiyatlarken WTI %2,50\u2019nin \u00fczerinde y\u00fckseldi; ABD Dolar Endeksi (DXY) de %0,32 art\u0131\u015fla 99,53\u2019e \u00e7\u0131kt\u0131.<\/p>\n
ABD makro verileri de k\u0131sa vadede Fed\u2019in gev\u015femeye gidece\u011fi beklentilerine ters y\u00f6nde sinyal verdi. ADP Ulusal \u0130stihdam May\u0131s\u2019ta 122 bin artarak 117 binlik tahmini a\u015ft\u0131; Tar\u0131m D\u0131\u015f\u0131 \u0130stihdam art\u0131\u015f\u0131n\u0131n ise 85 bin olmas\u0131 bekleniyor. Daha \u00f6nce yay\u0131mlanan JOLTS raporu i\u015f ilanlar\u0131nda art\u0131\u015fa i\u015faret etmi\u015fti. ISM Hizmet PMI 53,6\u2019dan 54,5\u2019e y\u00fckselirken, \u00d6denen Fiyatlar endeksi 70,7\u2019den 71,3\u2019e \u00e7\u0131kt\u0131. Teknik tarafta alt\u0131n yakla\u015f\u0131k 4.426 dolarda d\u00f6rt g\u00fcn\u00fcn en d\u00fc\u015f\u00fck seviyesini g\u00f6rd\u00fc; bu seviye 4.422 dolardaki 200 g\u00fcnl\u00fck SMA\u2019ya yak\u0131n. A\u015fa\u011f\u0131 y\u00f6nl\u00fc k\u0131r\u0131lma halinde 4.400 ve ard\u0131ndan 4.098 dolar g\u00fcndeme gelebilir. Diren\u00e7ler 4.500, 4.573\u2019teki 20 g\u00fcnl\u00fck SMA, 4.626\u2019daki 50 g\u00fcnl\u00fck SMA ve 4.794\u2019teki 100 g\u00fcnl\u00fck SMA seviyelerinde izleniyor. D\u00fcnya Alt\u0131n Konseyi\u2019ne g\u00f6re merkez bankalar\u0131 2022\u2019de yakla\u015f\u0131k 70 milyar dolar de\u011ferinde 1.136 ton alt\u0131n ekledi.<\/p>\n
4 Haziran 2026 itibar\u0131yla mevcut ko\u015fullar alt\u0131nda, alt\u0131n fiyatlar\u0131nda ilave zay\u0131flamaya y\u00f6nelik pozisyonlanma i\u00e7in net bir f\u0131rsat g\u00f6r\u00fcyoruz. Daha g\u00fc\u00e7l\u00fc ABD dolar\u0131, petrol \u015fokundan kaynaklanabilecek yeniden enflasyon endi\u015feleri ve kararl\u0131 bir Fed birle\u015fimi, de\u011ferli metal i\u00e7in g\u00fc\u00e7l\u00fc bir kar\u015f\u0131 r\u00fczgar olu\u015fturuyor. \u00d6n\u00fcm\u00fczdeki haftalarda alt\u0131n i\u00e7in en d\u00fc\u015f\u00fck diren\u00e7li patikan\u0131n a\u015fa\u011f\u0131 y\u00f6nl\u00fc oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyoruz.<\/p>\n
T\u0131rmanan ABD-\u0130ran gerilimini yak\u0131ndan izliyoruz; \u00e7\u00fcnk\u00fc bu dinamik enerji fiyatlar\u0131n\u0131 do\u011frudan etkiliyor. Tarihsel olarak Orta Do\u011fu\u2019daki jeopolitik alevlenmeler petrol taraf\u0131nda belirgin s\u0131\u00e7ramalara yol a\u00e7t\u0131 ve d\u00fcnyan\u0131n petrol\u00fcn\u00fcn %20\u2019sinden fazlas\u0131 H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019ndan ge\u00e7erken, olas\u0131 uzun s\u00fcreli bir aksama ham petrol fiyatlar\u0131n\u0131 sert \u015fekilde yukar\u0131 ta\u015f\u0131yabilir. Bu durum enflasyonu besleyerek Fed\u2019in faizleri y\u00fcksek tutma kararl\u0131l\u0131\u011f\u0131n\u0131 g\u00fc\u00e7lendirecektir.<\/p>\n
G\u00fc\u00e7l\u00fc ABD i\u015fg\u00fcc\u00fc piyasas\u0131 ve yap\u0131\u015fkan enflasyon verileri, Fed\u2019e 16-17 Haziran\u2019daki toplant\u0131s\u0131nda faiz indirimini de\u011ferlendirmek i\u00e7in bir gerek\u00e7e sunmuyor. Son \u00e7ekirdek enflasyon okumalar\u0131n\u0131n Fed hedefinin inatla \u00fczerinde seyretmesi, \u00f6ng\u00f6r\u00fclebilir gelecekte indirimleri g\u00fcndem d\u0131\u015f\u0131na itiyor. Y\u00fcksek faiz ortam\u0131, getiri \u00fcretmeyen alt\u0131n tutman\u0131n f\u0131rsat maliyetini art\u0131r\u0131yor.<\/p>\n
ABD dolar\u0131 hem g\u00fcvenli liman ak\u0131mlar\u0131ndan hem de di\u011fer b\u00fcy\u00fck para birimlerine kar\u015f\u0131 cazip getiri fark\u0131ndan destek buluyor. Fed s\u0131k\u0131 duru\u015funu korurken di\u011fer merkez bankalar\u0131n\u0131n daha g\u00fcvercin sinyaller vermesi, dolar\u0131 tercih edilen varl\u0131k haline getiriyor. ABD Dolar Endeksi\u2019nin (DXY) y\u00fckseli\u015fini s\u00fcrd\u00fcrmesini ve dolar baz\u0131nda fiyatlanan alt\u0131n \u00fczerinde ilave bask\u0131 olu\u015fturmas\u0131n\u0131 bekliyoruz.<\/p>\n
T\u00fcrev \u00fcr\u00fcnler perspektifinden, alt\u0131n fiyat\u0131ndaki d\u00fc\u015f\u00fc\u015ften faydalanan stratejileri \u00f6ne \u00e7\u0131kar\u0131yoruz. 4.400 dolar seviyesinin alt\u0131ndaki kullan\u0131m fiyatlar\u0131na sahip sat\u0131m (put) opsiyonlar\u0131n\u0131 sat\u0131n almay\u0131; y\u0131ll\u0131k dip b\u00f6lgesine yak\u0131n 4.098 dolara do\u011fru bir hareketi hedeflemeyi de\u011ferlendiriyoruz. Bu yakla\u015f\u0131m, Haziran ortas\u0131ndaki Fed toplant\u0131s\u0131 \u00f6ncesinde d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc temel ve teknik g\u00f6r\u00fcn\u00fcmden, tan\u0131ml\u0131 riskle yararlanma imk\u00e2n\u0131 sunuyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
Alt\u0131nda sat\u0131\u015f bask\u0131s\u0131 derinle\u015fiyor: ABD-\u0130ran gerilimi petrol\u00fc ve dolar\u0131 g\u00fc\u00e7lendirirken, g\u00fc\u00e7l\u00fc ABD verileri Fed indirimlerini \u00f6teliyor. XAU\/USD 4.426\u2019da; 4.400 alt\u0131 4.098 hedefi g\u00fcndemde.<\/p>\n","protected":false},"author":87,"featured_media":47830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49380","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\/49380","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=49380"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/49380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47830"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=49380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=49380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=49380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}