{"id":69380,"date":"2026-10-08T02:58:50","date_gmt":"2026-10-08T02:58:50","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/gold-steadies-near-august-low-as-weak-us-jobs-data-fails-to-dent-yields-and-dollar\/"},"modified":"2026-10-08T02:58:50","modified_gmt":"2026-10-08T02:58:50","slug":"gold-steadies-near-august-low-as-weak-us-jobs-data-fails-to-dent-yields-and-dollar","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/gold-steadies-near-august-low-as-weak-us-jobs-data-fails-to-dent-yields-and-dollar\/","title":{"rendered":"Zay\u0131f ABD istihdam verisi tahvil getirileri ve dolar\u0131 d\u00fc\u015f\u00fcremezken alt\u0131n A\u011fustos dip seviyesine yak\u0131n dengeleniyor"},"content":{"rendered":"

Alt\u0131n, normalde metali desteklemesi beklenen zay\u0131f ABD istihdam raporuna ra\u011fmen A\u011fustos\u2019tan bu yana en d\u00fc\u015f\u00fck seviyesine yak\u0131n i\u015flem g\u00f6r\u00fcyor. Eyl\u00fcl Tar\u0131m D\u0131\u015f\u0131 \u0130stihdam (Nonfarm Payrolls) 29 bin artarak yakla\u015f\u0131k 90 binlik beklentinin alt\u0131nda kal\u0131rken, i\u015fsizlik %4,2\u2019ye y\u00fckseldi ve y\u0131ll\u0131k \u00fccret art\u0131\u015f\u0131 \u00f6nceki kazan\u0131mlara y\u00f6nelik a\u015fa\u011f\u0131 y\u00f6nl\u00fc revizyonlarla birlikte %3\u2019e yava\u015flad\u0131. Veriler, Ekim ay\u0131nda Federal Rezerv\u2019in faiz art\u0131\u015f\u0131 beklentilerini geri iterken, uzun vadeli ABD Hazine tahvili getirileri \u00e7ok on y\u0131ll\u0131k zirvelere yak\u0131n seyrini korudu ve ABD Dolar\u0131 g\u00fc\u00e7l\u00fc kald\u0131. Bu da alt\u0131ndaki olas\u0131 tepkiyi s\u0131n\u0131rlayarak, alt\u0131n\u0131n f\u0131rsat maliyeti kaynakl\u0131 r\u00fczg\u00e2rlar\u0131 (headwind) yerinde tuttu.<\/p>\n\n

Pozisyonlanma, geni\u015f tabanl\u0131 bir \u00e7\u0131k\u0131\u015ftan ziyade kar\u015f\u0131t ak\u0131mlar g\u00f6steriyor. Spek\u00fclatif yat\u0131r\u0131mc\u0131lar uzun pozisyonlar\u0131n\u0131 azalt\u0131rken \u00fc\u00e7 haftad\u0131r \u00fcst \u00fcste k\u0131sa pozisyon ekliyor; sistematik Emtia Ticaret Dan\u0131\u015fmanlar\u0131 (CTA) ise d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc kalmay\u0131 s\u00fcrd\u00fcr\u00fcyor. Ek k\u0131sa pozisyon kapatmalar\u0131n\u0131n $4.300\/ons \u00fczerinde bir harekete ba\u011fland\u0131\u011f\u0131 belirtiliyor. Alt\u0131n, $4.332, $4.267 ve $4.531 civar\u0131ndaki 50 g\u00fcn, 100 g\u00fcn ve 200 g\u00fcn basit hareketli ortalamalar\u0131n\u0131n alt\u0131nda i\u015flem g\u00f6rmesine ra\u011fmen $4.100\u2019\u00fcn \u00fczerinde\u2014yakla\u015f\u0131k $4.110\u2014tutunuyor. Teknik olarak $4.100 alt\u0131na k\u0131r\u0131l\u0131m $4.000\u2019i, ard\u0131ndan $3.960\u2013$3.940 band\u0131n\u0131 g\u00fcndeme getirebilir. \u00d6te yandan, takdir\u00ee (discretionary) al\u0131c\u0131lar, ETF talebi ve merkez bankalar\u0131 kaynakl\u0131 destek, zay\u0131f ama teslim olmayan (capitulation g\u00f6stermeyen) bir piyasada arka planda duruyor. Merkez bankalar\u0131 2022\u2019de yakla\u015f\u0131k 70 milyar dolar de\u011ferinde 1.136 ton alt\u0131n ekledi.<\/p>\n\n

Piyasa Tedbiri ve Teknik Seviyeler<\/h3>\n\n

De\u011ferli metalin kritik $4.110 seviyesinin etraf\u0131nda seyretmesi nedeniyle, \u00f6n\u00fcm\u00fczdeki haftalarda alt\u0131n piyasas\u0131na daha y\u00fcksek bir ihtiyatla yakla\u015fmak gerekiyor. ABD istihdam raporunda bordrolar\u0131n sadece 29 bin artmas\u0131na ra\u011fmen alt\u0131n y\u00fckselmedi; \u00e7\u00fcnk\u00fc ABD 10 y\u0131ll\u0131k tahvil faizi gibi uzun vadeli getiri oranlar\u0131n\u0131n %4,3 civar\u0131nda yap\u0131\u015fkan kalmas\u0131, g\u00fc\u00e7l\u00fc dolar\u0131 desteklemeye devam ediyor. Bu, yaln\u0131zca merkez bankas\u0131 faiz beklentileri \u00fczerinden i\u015flem yapman\u0131n art\u0131k yeterli olmad\u0131\u011f\u0131na i\u015faret ediyor; agresif y\u00fckseli\u015f pozisyonlar\u0131 almadan \u00f6nce uzun vadeli getirilerin kal\u0131c\u0131 bi\u00e7imde d\u00fc\u015fmesini g\u00f6rmek gerekiyor.<\/p>\n\n

K\u0131sa vadede $4.100 ile $3.940 aras\u0131ndaki kilit destek b\u00f6lgesi \u00e7ok yak\u0131ndan izlenmeli. Alt\u0131n $4.100\u2019\u00fcn alt\u0131na sarkarsa, sistematik trend takip\u00e7ilerinin k\u0131sa pozisyonlar\u0131n\u0131 art\u0131rmas\u0131 ve fiyat\u0131 yaz diplerine do\u011fru s\u00fcr\u00fcklemesi olas\u0131l\u0131\u011f\u0131 y\u00fcksek. Bu senaryoda s\u0131k\u0131 bi\u00e7imde y\u00f6netilen k\u0131sa vadeli sat\u0131\u015f (short) kontratlar\u0131 de\u011ferlendirilebilir; tarihsel olarak ana destek seviyeleri k\u0131r\u0131ld\u0131\u011f\u0131nda b\u00fcy\u00fck sat\u0131\u015flar\u0131n h\u0131zlanma e\u011filimi ta\u015f\u0131d\u0131\u011f\u0131 unutulmamal\u0131.<\/p>\n\n

Stratejik F\u0131rsatlar ve Fiziki Talep<\/h3>\n\n

Buna kar\u015f\u0131l\u0131k, fiyat $4.300 diren\u00e7 seviyesini ikna edici bi\u00e7imde a\u015fmad\u0131k\u00e7a g\u00fcn i\u00e7i k\u00fc\u00e7\u00fck y\u00fckseli\u015flerin pe\u015finden ko\u015fmaktan ka\u00e7\u0131n\u0131lmal\u0131. Piyasa pozisyon verileri, sistematik CTA\u2019lerin \u015fu anda k\u0131sa pozisyon ta\u015f\u0131d\u0131\u011f\u0131n\u0131, ancak bu fiyat e\u015fi\u011fi a\u015f\u0131l\u0131rsa pozisyon kapatmaya zorlanacaklar\u0131n\u0131 g\u00f6steriyor. $4.300 \u00fczerinde bir k\u0131r\u0131lma, h\u0131zl\u0131 bir short squeeze\u2019i tetikleyerek uzun y\u00f6nl\u00fc momentum i\u015flemlerine giri\u015f i\u00e7in olduk\u00e7a elveri\u015fli bir zemin yaratabilir.<\/p>\n\n

Ayr\u0131ca, daha derin fiyat d\u00fc\u015f\u00fc\u015flerine kar\u015f\u0131 g\u00fc\u00e7l\u00fc bir tampon g\u00f6revi g\u00f6ren uzun vadeli fiziki talep yak\u0131ndan izlenmeli. D\u00fcnya Alt\u0131n Konseyi\u2019nin (World Gold Council) son raporlar\u0131, merkez bankalar\u0131 ve borsa yat\u0131r\u0131m fonlar\u0131n\u0131n (ETF) alt\u0131n biriktirmeyi s\u00fcrd\u00fcrd\u00fc\u011f\u00fcn\u00fc ve spek\u00fclatif sat\u0131\u015flar\u0131n \u00f6nemli bir k\u0131sm\u0131n\u0131 emdi\u011fini vurguluyor. Bu temel talep, mevcut d\u00fczeltme ivme kaybetmeye ba\u015flarsa $4.000 seviyesi civar\u0131nda al\u0131m f\u0131rsatlar\u0131n\u0131n de\u011ferlendirilebilece\u011fine i\u015faret ediyor.<\/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":"

Zay\u0131f ABD istihdam\u0131na ra\u011fmen alt\u0131n A\u011fustos diplerine yak\u0131n: g\u00fc\u00e7l\u00fc dolar ve yap\u0131\u015fkan tahvil getirileri bask\u0131l\u0131yor. 4.110 kritik; alt\u0131 4.000\/3.940 riski, 4.300 \u00fcst\u00fc short squeeze olas\u0131. Merkez bankas\u0131\/ETF talebi destekliyor.<\/p>\n","protected":false},"author":87,"featured_media":69379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-69380","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