{"id":53224,"date":"2026-08-25T14:26:49","date_gmt":"2026-08-25T14:26:49","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/altin-daha-guclu-dolar-ve-etf-girislerinin-gorunumu-sekillendirmesiyle-uc-ayin-zirvesinden-geriledi\/"},"modified":"2026-08-25T14:26:49","modified_gmt":"2026-08-25T14:26:49","slug":"altin-daha-guclu-dolar-ve-etf-girislerinin-gorunumu-sekillendirmesiyle-uc-ayin-zirvesinden-geriledi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/altin-daha-guclu-dolar-ve-etf-girislerinin-gorunumu-sekillendirmesiyle-uc-ayin-zirvesinden-geriledi\/","title":{"rendered":"Alt\u0131n, daha g\u00fc\u00e7l\u00fc dolar ve ETF giri\u015flerinin g\u00f6r\u00fcn\u00fcm\u00fc \u015fekillendirmesiyle \u00fc\u00e7 ay\u0131n zirvesinden geriledi"},"content":{"rendered":"

Alt\u0131n fiyatlar\u0131 sal\u0131 g\u00fcn\u00fc ABD i\u015flemlerine girilirken gev\u015fedi; 4.697 dolarla taze bir \u00fc\u00e7 ayl\u0131k zirveyi g\u00f6rd\u00fckten sonra, g\u00fcn i\u00e7i 4.618 dolarl\u0131k dip seviyenin ard\u0131ndan yakla\u015f\u0131k 4.635 dolar civar\u0131na \u00e7ekildi. G\u00fc\u00e7lenen ABD Dolar\u0131, USD bazl\u0131 metal \u00fczerinde bask\u0131 yaratt\u0131; Dolar Endeksi ge\u00e7en hafta 14 May\u0131s\u2019tan bu yana en zay\u0131f seviye olan 98,56\u2019y\u0131 test ettikten sonra yakla\u015f\u0131k 99,02\u2019de seyretti. Geri \u00e7ekilme, G\u00f6reli G\u00fc\u00e7 Endeksi\u2019ni (RSI) a\u015f\u0131r\u0131 al\u0131m b\u00f6lgesine ta\u015f\u0131yan son y\u00fckseli\u015fin ard\u0131ndan geldi; ancak daha geni\u015f \u00e7er\u00e7evedeki ko\u015fullar k\u00fcl\u00e7eyi desteklemeye devam etti.<\/p>\n\n

Alt\u0131n destekli borsa yat\u0131r\u0131m fonlar\u0131na (ETF) giri\u015fler destekleyici kald\u0131: D\u00fcnya Alt\u0131n Konseyi verilerine g\u00f6re k\u00fcresel Alt\u0131n ETF\u2019leri 3,52 milyar dolarl\u0131k giri\u015f (23,6 ton e\u015fde\u011feri) kaydederek y\u0131lba\u015f\u0131ndan bu yana toplam giri\u015fleri 21,34 milyar dolara (116,1 ton) ta\u015f\u0131d\u0131. Faiz piyasalar\u0131nda TD Securities, 9 Eyl\u00fcl-4 Kas\u0131m d\u00f6neminde ABD Hazine tahvili al\u0131mlar\u0131n\u0131n 8 milyar dolara kadar y\u00fckselebilece\u011fine i\u015faret etti. Di\u011fer yandan ADP \u0130stihdam De\u011fi\u015fimi d\u00f6rt haftal\u0131k ortalamas\u0131 9,5 binden 11,75 bine y\u00fckselirken, WTI g\u00fcn i\u00e7inde yakla\u015f\u0131k %3,5 geriledi. Teknik olarak fiyat, 4.185-4.520 dolar band\u0131nda k\u00fcmelenen 50, 100 ve 200 g\u00fcnl\u00fck basit hareketli ortalamalar\u0131n (SMA) \u00fczerinde; diren\u00e7 4.700 dolar, ard\u0131ndan 4.850 dolar civar\u0131nda, destek ise 4.520, 4.379, 4.186 ve 4.000 dolar seviyelerinde bulunuyor.<\/p>\n\n

Alt\u0131ndaki Geri \u00c7ekilme i\u00e7in \u0130\u015flem Stratejileri<\/h3>\n\n

T\u00fcrev i\u015flem yapan yat\u0131r\u0131mc\u0131lar\u0131n, alt\u0131ndaki mevcut s\u0131n\u0131rl\u0131 geri \u00e7ekilmeyi yap\u0131sal bir trend d\u00f6n\u00fc\u015f\u00fc sinyali olarak de\u011fil, \u00f6ne \u00e7\u0131kan bir al\u0131m f\u0131rsat\u0131 olarak de\u011ferlendirmesini \u00f6neriyoruz. Metal, k\u00e2r realizasyonlar\u0131 nedeniyle 4.697 dolarl\u0131k son \u00fc\u00e7 ayl\u0131k zirvesinden yakla\u015f\u0131k 4.635 dolar seviyesine s\u0131n\u0131rl\u0131 \u00f6l\u00e7\u00fcde gerilese de, altta yatan y\u00fckseli\u015f momentumu son derece g\u00fc\u00e7l\u00fc kalmaya devam ediyor. Bir sonraki y\u00fckseli\u015f aya\u011f\u0131 \u00f6ncesindeki bu ge\u00e7ici d\u00fc\u015f\u00fc\u015ften faydalanmak i\u00e7in bo\u011fa al\u0131m spread\u2019i (bull call spread) gibi k\u0131sa vadeli opsiyon stratejileri de\u011ferlendirilebilir.<\/p>\n\n

Makro ortam olduk\u00e7a destekleyici; \u00f6zellikle Hazine Bakan\u0131 Scott Bessent\u2019in uzun vadeli faizleri kontrol etmek amac\u0131yla 9 Eyl\u00fcl ile 4 Kas\u0131m aras\u0131nda Hazine tahvili al\u0131mlar\u0131n\u0131 8 milyar dolara y\u00fckseltme plan\u0131 \u00f6ne \u00e7\u0131k\u0131yor. Bu \u00f6l\u00e7ekte bir likidite enjeksiyonu, dolar\u0131n de\u011fer a\u015f\u0131nmas\u0131na ili\u015fkin endi\u015feleri yeniden canland\u0131r\u0131yor; tarihsel olarak bu t\u00fcr bir senaryo sermayeyi do\u011frudan reel varl\u0131klara y\u00f6nlendirme e\u011filiminde. Yakla\u015fan bu likidite dalgas\u0131n\u0131 \u00f6nden fiyatlamak ad\u0131na alt\u0131n vadeli kontratlar\u0131nda uzun pozisyon al\u0131nmas\u0131n\u0131 \u0440\u0435\u043a\u043e\u043c\u0435\u043d\u0434\u0443 ediyoruz.<\/p>\n\n

Kurumsal Ak\u0131mlar ve Volatilite G\u00f6r\u00fcn\u00fcm\u00fc<\/h3>\n\n

D\u00fcnya Alt\u0131n Konseyi\u2019nin son verileri, kurumsal paran\u0131n bu ralliye agresif bi\u00e7imde destek verdi\u011fini teyit ediyor: K\u00fcresel alt\u0131n ETF\u2019leri yaln\u0131zca ge\u00e7en hafta 3,52 milyar dolarl\u0131k net giri\u015f \u00e7ekti. Bu tablo, y\u0131lba\u015f\u0131ndan bu yana giri\u015fleri 21,34 milyar dolara ta\u015f\u0131yarak Avrupa ve Asya kaynakl\u0131 al\u0131mlar\u0131n g\u00fc\u00e7l\u00fc ve s\u00fcreklilik arz eden talebini yans\u0131t\u0131yor. Bu denli b\u00fcy\u00fck sermaye ak\u0131mlar\u0131 fiyatlar i\u00e7in sa\u011flam bir taban olu\u015fturuyor ve derin d\u00fczeltmeleri daha d\u00fc\u015f\u00fck olas\u0131l\u0131kl\u0131 k\u0131l\u0131yor.<\/p>\n\n

\u00d6n\u00fcm\u00fczdeki g\u00fcnlerde volatilitenin artmas\u0131na da haz\u0131rl\u0131kl\u0131 olmak gerekiyor; ABD\u2019nin \u0130ran\u2019a kar\u015f\u0131 \u201cOperation Economic Outcast\u201d (Ekonomik D\u0131\u015flanm\u0131\u015f Operasyonu) yapt\u0131r\u0131mlar\u0131n\u0131 devreye almas\u0131 g\u00fcvenli liman talebini art\u0131rabilir. Ayr\u0131ca bu cuma Jackson Hole Sempozyumu\u2019nda Fed Ba\u015fkan\u0131 Kevin Warsh\u2019\u0131n yapaca\u011f\u0131 konu\u015fma, piyasalarda sert hareketleri tetikleyebilir. T\u00fcrev yat\u0131r\u0131mc\u0131lar\u0131, yakla\u015fan makro kataliz\u00f6rlerden faydalanmak i\u00e7in straddle veya strangle gibi volatilite odakl\u0131 opsiyon stratejilerini kullanabilir.<\/p>\n\n

Teknik a\u00e7\u0131dan bak\u0131ld\u0131\u011f\u0131nda alt\u0131n, 50-, 100- ve 200 g\u00fcnl\u00fck hareketli ortalamalar\u0131n\u0131n rahat bi\u00e7imde \u00fczerinde kalarak yerle\u015fik bir y\u00fckseli\u015f trendini teyit ediyor. G\u00fcnl\u00fck RSI\u2019\u0131n 71 civar\u0131nda olmas\u0131 a\u015f\u0131r\u0131 al\u0131m ko\u015fullar\u0131na i\u015faret etse de, 4.700 dolar direncinin yak\u0131nda a\u015f\u0131lmas\u0131n\u0131 ve bunun 4.850 dolara do\u011fru alan a\u00e7mas\u0131n\u0131 bekliyoruz. 4.520 dolar civar\u0131ndaki yak\u0131n destek seviyesinin hemen alt\u0131na koruyucu zarar-kes (stop-loss) emirleri yerle\u015ftirerek \u00e7ekirdek uzun y\u00f6nl\u00fc duru\u015fun korunmas\u0131n\u0131 tavsiye ediyoruz.<\/p>\n\n\n\n

Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

K\u00e2r realizasyonu alt\u0131n\u0131 4.697$ zirvesinden 4.635$\u2019e \u00e7ekti; g\u00fc\u00e7l\u00fc dolar bask\u0131 kursa da 3,52 mlr$ ETF giri\u015fi ve olas\u0131 tahvil al\u0131mlar\u0131 y\u00fckseli\u015fi destekliyor: 4.700$ kritik.<\/p>\n","protected":false},"author":87,"featured_media":50093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-53224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t