{"id":54101,"date":"2026-09-17T01:52:09","date_gmt":"2026-09-17T01:52:09","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/fed-faiz-artisi-dolari-guclendirip-ilave-sikilasma-sinyali-verirken-altin-bir-ayin-en-dusuk-seviyesine-indi\/"},"modified":"2026-09-17T01:52:09","modified_gmt":"2026-09-17T01:52:09","slug":"fed-faiz-artisi-dolari-guclendirip-ilave-sikilasma-sinyali-verirken-altin-bir-ayin-en-dusuk-seviyesine-indi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/fed-faiz-artisi-dolari-guclendirip-ilave-sikilasma-sinyali-verirken-altin-bir-ayin-en-dusuk-seviyesine-indi\/","title":{"rendered":"Fed faiz art\u0131\u015f\u0131 dolar\u0131 g\u00fc\u00e7lendirip ilave s\u0131k\u0131la\u015fma sinyali verirken alt\u0131n bir ay\u0131n en d\u00fc\u015f\u00fck seviyesine indi"},"content":{"rendered":"

Spot alt\u0131n (XAU\/USD), Federal A\u00e7\u0131k Piyasa Komitesi\u2019nin (FOMC) Fed Fon Hedef Aral\u0131\u011f\u0131\u2019n\u0131 25 baz puan art\u0131rarak %3,75\u2013%4,00 seviyesine y\u00fckseltmesinin ABD Dolar\u0131\u2019n\u0131 desteklemesiyle 4.235 dolarla bir ay\u0131n en d\u00fc\u015f\u00fck seviyesine geriledi. Metal, g\u00fcn i\u00e7i 4.366 dolar\u0131 g\u00f6rd\u00fckten sonra \u00c7ar\u015famba g\u00fcn\u00fc en son 4.250 dolar civar\u0131nda i\u015flem g\u00f6rd\u00fc. A\u00e7\u0131klamada enflasyonun y\u00fcksek seyrini korudu\u011fu, ekonomik faaliyetin sa\u011flam bir h\u0131zla geni\u015fledi\u011fi belirtildi; istihdam art\u0131\u015flar\u0131n\u0131n i\u015fg\u00fcc\u00fcyle paralel seyretti\u011fi ve i\u015fsizlik oran\u0131n\u0131n b\u00fcy\u00fck \u00f6l\u00e7\u00fcde de\u011fi\u015fmedi\u011fi eklendi.<\/p>\n\n

Ekonomik Projeksiyonlar \u00d6zeti (SEP), daha fazla s\u0131k\u0131la\u015fmaya i\u015faret etti: 18 yetkiliden 12\u2019si y\u0131l sonuna kadar ilave bir 25 baz puanl\u0131k art\u0131\u015f \u00f6ng\u00f6r\u00fcrken, 4\u2019\u00fc iki art\u0131\u015f, 2\u2019si ise hi\u00e7 art\u0131\u015f beklemedi. Politika yap\u0131c\u0131lar 2026 sonu enflasyon tahminini Haziran\u2019daki %3,6\u2019dan %3,7\u2019ye, \u00e7ekirdek enflasyonu ise %3,3\u2019ten %3,4\u2019e revize etti. Fiyatlar, 100 g\u00fcnl\u00fck BASO (SMA) yak\u0131n\u0131ndaki 4.326 dolar\u0131n, 20 g\u00fcnl\u00fck BASO civar\u0131ndaki 4.442 dolar\u0131n ve 200 g\u00fcnl\u00fck BASO\u2019ya yak\u0131n 4.540 dolar\u0131n alt\u0131nda kalmaya devam ediyor; 4.300 dolar seviyesi diren\u00e7 olarak \u00f6ne \u00e7\u0131karken, 4.200 dolar\u0131n alt\u0131na bir k\u0131r\u0131lma 4.000 dolar\u0131 g\u00fcndeme getirebilir.<\/p>\n\n

\u015eahin Fed Ortam\u0131nda Alt\u0131n \u0130\u00e7in T\u00fcrev \u0130\u015flem Stratejileri<\/h3>\n\n

Federal Rezerv\u2019in faizleri %3,75\u2013%4,00 aral\u0131\u011f\u0131na y\u00fckseltmesi ve ilave art\u0131\u015f sinyali vermesiyle, t\u00fcrev yat\u0131r\u0131mc\u0131lar\u0131n\u0131n alt\u0131ndaki ilave d\u00fc\u015f\u00fc\u015fe agresif bi\u00e7imde pozisyonlanmas\u0131 gerekti\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz. 4.326 dolardaki 100 g\u00fcnl\u00fck Basit Hareketli Ortalama\u2019n\u0131n alt\u0131na k\u0131r\u0131l\u0131m, en d\u00fc\u015f\u00fck diren\u00e7li y\u00f6n\u00fcn belirgin \u015fekilde a\u015fa\u011f\u0131 oldu\u011funu g\u00f6steriyor. XAU\/USD\u2019de 4.200 dolar destek seviyesini, \u00f6n\u00fcm\u00fczdeki haftalarda ise potansiyel olarak 4.000 dolar b\u00f6lgesini hedefleyen k\u0131sa vadeli sat\u0131m (put) opsiyonlar\u0131n\u0131n al\u0131nmas\u0131n\u0131 \u00f6neriyoruz.<\/p>\n\n

Makro Dinamikler: ABD Dolar\u0131 G\u00fcc\u00fc ve Y\u00fcksek Getiri Ortam\u0131<\/h3>\n\n

Tarihsel olarak, agresif faiz art\u0131r\u0131m\u0131 d\u00f6ng\u00fcleri ABD Dolar\u0131 i\u00e7in g\u00fc\u00e7l\u00fc bir destek olu\u015ftururken, alt\u0131n gibi getiri \u00fcretmeyen varl\u0131klar\u0131 bask\u0131lar. Fed\u2019in 2022 s\u0131k\u0131la\u015ft\u0131rma d\u00f6ng\u00fcs\u00fcnde ABD Dolar Endeksi (DXY) %15\u2019in \u00fczerinde y\u00fckselerek 20 y\u0131l\u0131n zirvesine \u00e7\u0131km\u0131\u015f, bu da birka\u00e7 ay i\u00e7inde alt\u0131n fiyatlar\u0131nda %20\u2019lik sert bir d\u00fc\u015f\u00fc\u015f\u00fc tetiklemi\u015fti. Mevcut trendden faydalanmak i\u00e7in, Ba\u015fkan Kevin Warsh\u2019\u0131n \u015fahin duru\u015funun dolar\u0131 y\u00fcksek de\u011ferli tutaca\u011f\u0131 beklentisiyle yat\u0131r\u0131mc\u0131lar\u0131n al\u0131m (call) opsiyonlar\u0131 arac\u0131l\u0131\u011f\u0131yla ABD Dolar\u0131\u2019nda uzun pozisyon almas\u0131n\u0131 \u00f6neriyoruz.<\/p>\n\n

Ayr\u0131ca artan faiz oranlar\u0131 ABD Hazine tahvili getirilerini yukar\u0131 \u00e7ekerek, k\u0131ymetli maden tutman\u0131n f\u0131rsat maliyetini art\u0131r\u0131yor. Eyl\u00fcl ortas\u0131ndaki FOMC noktasal grafi\u011finin (dot plot) 18 politika yap\u0131c\u0131dan 12\u2019sinin bu y\u0131l bir faiz art\u0131\u015f\u0131 daha bekledi\u011fini g\u00f6stermesiyle, tahvil getirilerinin y\u00fcksek kalaca\u011f\u0131n\u0131 \u00f6ng\u00f6r\u00fcyoruz. T\u00fcrev yat\u0131r\u0131mc\u0131lar\u0131, makro arka plan\u0131n g\u00fc\u00e7l\u00fc bi\u00e7imde sat\u0131c\u0131lar\u0131 desteklemesi nedeniyle 4.300 dolar diren\u00e7 seviyesine kadar olan k\u0131sa vadeli y\u00fckseli\u015flerde alt\u0131n vadeli kontratlar\u0131n\u0131 satmay\u0131 de\u011ferlendirmeli.<\/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":"

Fed\u2019in \u015fahin 25 bp art\u0131\u015f\u0131 dolar\u0131 g\u00fc\u00e7lendirdi, spot alt\u0131n 4.235$ ile ay\u0131n dibine indi. SEP ilave s\u0131k\u0131la\u015fma sinyali veriyor; 4.300$ diren\u00e7, 4.200$ k\u0131r\u0131l\u0131rsa 4.000$ hedef. Options-put, short \u00f6nerisi.<\/p>\n","protected":false},"author":87,"featured_media":49965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-54101","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