{"id":69441,"date":"2026-10-12T01:55:11","date_gmt":"2026-10-12T01:55:11","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/gold-rebounds-towards-4200-as-us-yields-dip-but-high-rates-cap-upside\/"},"modified":"2026-10-12T01:55:11","modified_gmt":"2026-10-12T01:55:11","slug":"gold-rebounds-towards-4200-as-us-yields-dip-but-high-rates-cap-upside","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/gold-rebounds-towards-4200-as-us-yields-dip-but-high-rates-cap-upside\/","title":{"rendered":"ABD tahvil getirileri gerilerken alt\u0131n 4.200 dolara do\u011fru toparland\u0131, ancak y\u00fcksek faizler y\u00fckseli\u015fi s\u0131n\u0131rl\u0131yor"},"content":{"rendered":"

Alt\u0131n Cuma g\u00fcn\u00fc y\u00fckseldi; XAU\/USD, haftan\u0131n en y\u00fcksek seviyesi olan 4.200 dolar\u0131 test ettikten sonra 4.182 dolar civar\u0131nda i\u015flem g\u00f6rd\u00fc ve %1,20 art\u0131da seyretti. Tepki al\u0131m\u0131, Per\u015fembe g\u00fcn\u00fc getirilerde g\u00f6r\u00fclen sert d\u00fc\u015f\u00fc\u015f\u00fcn ard\u0131ndan geldi: g\u00f6sterge 10 y\u0131ll\u0131k ABD Hazine tahvili faizi 11,9 baz puan gerileyerek %5,354\u2019ten %5,235\u2019e indi. Bu hareket ABD Dolar\u0131\u2019n\u0131n ivmesini zay\u0131flatt\u0131 ve alt\u0131n\u0131n hafta ba\u015f\u0131nda iki ay\u0131n en d\u00fc\u015f\u00fck seviyelerine dokunmas\u0131n\u0131n ard\u0131ndan toparlanmas\u0131na yard\u0131mc\u0131 oldu. Getirilerdeki geri \u00e7ekilme; ABD 30 y\u0131ll\u0131k tahvil ihalesine gelen g\u00fc\u00e7l\u00fc talep ve Ba\u015fkan Donald Trump\u2019\u0131n, olas\u0131 yeni sald\u0131r\u0131lara ili\u015fkin haberlerin ard\u0131ndan Kas\u0131m ara se\u00e7imleri \u00f6ncesinde ABD\u2019nin \u0130ran\u2019a sald\u0131rmayaca\u011f\u0131n\u0131 s\u00f6ylemesiyle petrol fiyatlar\u0131nda g\u00f6r\u00fclen geri \u00e7ekilmeyle desteklendi.<\/p>\n\n

Cuma g\u00fcn\u00fc Dolar ve getiriler \u00fczerindeki bask\u0131 hafifledi; petrol fiyatlar\u0131n\u0131n y\u00fcksek seyri ve Fed\u2019in ilave s\u0131k\u0131la\u015ft\u0131rma beklentileri gibi daha geni\u015f temalar ise korunmaya devam etti. ABD Dolar Endeksi 101,92\u2019den toparlanarak 102,22 civar\u0131nda i\u015flem g\u00f6r\u00fcrken, 10 y\u0131ll\u0131k faiz yakla\u015f\u0131k %5,219\u2019a geriledikten sonra %5,240 civar\u0131nda tutundu. Piyasalar Fed\u2019in 27-28 Ekim toplant\u0131s\u0131nda faizi %3,75-%4,00 aral\u0131\u011f\u0131nda sabit tutaca\u011f\u0131n\u0131 \u00f6ng\u00f6r\u00fcrken, Aral\u0131k\u2019ta faiz art\u0131\u015f\u0131 olas\u0131l\u0131\u011f\u0131n\u0131 %85 olarak fiyatl\u0131yor; Michigan \u00dcniversitesi\u2019nin enflasyon beklentileri verisi bekleniyor. Teknik tarafta alt\u0131n, 4.100-4.200 dolar band\u0131nda kalmay\u0131 s\u00fcrd\u00fcr\u00fcyor; 50, 100 ve 200 g\u00fcnl\u00fck SMA\u2019lar\u0131n alt\u0131nda i\u015flem g\u00f6r\u00fcyor. RSI 44 civar\u0131nda, MACD ise negatif b\u00f6lgede kalmakla birlikte daral\u0131yor. Diren\u00e7 4.200 dolarda, ard\u0131ndan 4.259 ve 4.334 dolar seviyelerinde g\u00f6r\u00fcl\u00fcrken; destek 4.100 dolar, sonras\u0131nda 4.000-3.950 dolar band\u0131nda izleniyor.<\/p>\n\n

Y\u00fcksek Getiriler ve G\u00fc\u00e7l\u00fc Diren\u00e7 Ortam\u0131nda Bant \u0130\u00e7i G\u00f6r\u00fcn\u00fcm<\/h3>\n\n

XAU\/USD\u2019nin 4.100 dolar deste\u011fi ile 4.200 dolar direnci aras\u0131nda s\u0131k\u0131\u015fm\u0131\u015f kalmas\u0131 nedeniyle alt\u0131nda bant i\u00e7inde bir seyre haz\u0131rl\u0131kl\u0131 olunmal\u0131. 10 y\u0131ll\u0131k ABD tahvil faizinin %5,24 civar\u0131nda y\u00fcksek seviyelerde kalmas\u0131, alt\u0131ndaki yukar\u0131 y\u00f6nl\u00fc denemelerin g\u00fc\u00e7l\u00fc bir diren\u00e7le kar\u015f\u0131la\u015fma olas\u0131l\u0131\u011f\u0131n\u0131 art\u0131r\u0131yor. \u00d6n\u00fcm\u00fczdeki haftalarda k\u0131sa vadeli dalgalar\u0131 yakalamak i\u00e7in bu kritik s\u0131n\u0131rlar\u0131n yak\u0131ndan izlenmesini \u00f6neriyoruz.<\/p>\n\n

Tarihsel olarak, reel getirilerin y\u00fcksek oldu\u011fu d\u00f6nemlerde alt\u0131n zorlan\u0131r. Nitekim 2022\u2019de Fed\u2019in s\u0131k\u0131la\u015ft\u0131rma d\u00f6ng\u00fcs\u00fcnde getiriler sert y\u00fckselirken alt\u0131n 1.600 dolara do\u011fru gerilemi\u015fti. Bug\u00fcn 10 y\u0131ll\u0131k getiriler %5\u2019in \u00fczerinde seyrederken ve piyasalar Aral\u0131k\u2019ta %85 olas\u0131l\u0131kla faiz art\u0131\u015f\u0131 fiyatlarken, alt\u0131n ta\u015f\u0131man\u0131n f\u0131rsat maliyeti y\u00fcksek kal\u0131yor. Bu nedenle 4.259 dolardaki 100 g\u00fcnl\u00fck hareketli ortalamaya do\u011fru olas\u0131 y\u00fckseli\u015flerin g\u00fc\u00e7l\u00fc sat\u0131\u015f bask\u0131s\u0131yla kar\u015f\u0131la\u015fmas\u0131n\u0131 bekliyoruz.<\/p>\n\n

Merkez Bankas\u0131 Talebi, Destek B\u00f6lgeleri ve \u0130\u015flem Fikirleri<\/h3>\n\n

Bununla birlikte, k\u00fcresel merkez bankalar\u0131n\u0131n olu\u015fturdu\u011fu g\u00fc\u00e7l\u00fc taban fiyat etkisi g\u00f6z ard\u0131 edilmemeli. Merkez bankalar\u0131 yaln\u0131zca 2023\u2019te 1.037 ton gibi y\u00fcksek miktarda alt\u0131n al\u0131m\u0131 ger\u00e7ekle\u015ftirdi ve bu g\u00fc\u00e7l\u00fc al\u0131mlar devam etti. S\u00fcregelen jeopolitik risklerle birle\u015fen bu kal\u0131c\u0131 kurumsal talep, 4.100 dolar seviyesinin alt\u0131na ani bir sarkmay\u0131 daha az olas\u0131 k\u0131l\u0131yor. Y\u00fcksek faiz oranlar\u0131 ile fiziki talep aras\u0131ndaki bu \u00e7eki\u015fmenin piyasay\u0131 belirgin \u015fekilde konsolide tutaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz.<\/p>\n\n

T\u00fcrev stratejilerinde, 4.200 dolar direnci yak\u0131n\u0131nda yukar\u0131 y\u00f6nl\u00fc call sat\u0131\u015f\u0131 veya ge\u00e7ici y\u00fckseli\u015flerde k\u0131sa vadeli put al\u0131m\u0131 \u00f6ne \u00e7\u0131k\u0131yor. Alternatif olarak, 4.100 dolar destek b\u00f6lgesine yak\u0131n seviyelerde, mevcut bant i\u00e7ine geri d\u00f6n\u00fc\u015f beklentisiyle al\u0131m f\u0131rsatlar\u0131 de\u011ferlendirilebilir. 4.334 dolardaki 50 g\u00fcnl\u00fck hareketli ortalaman\u0131n \u00fczerinde g\u00fcnl\u00fck kapan\u0131\u015f g\u00f6r\u00fclene kadar, daha geni\u015f \u00f6l\u00e7ekte en az diren\u00e7li y\u00f6n a\u015fa\u011f\u0131 tarafa e\u011fimli kalmay\u0131 s\u00fcrd\u00fcr\u00fcyor.<\/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":"

Alt\u0131nda g\u00f6zler 4.200 dolar direncinde: XAU\/USD 4.182\u2019de, %1,2 y\u00fckseldi. ABD 10 y\u0131ll\u0131k faiz %5,24\u2019te; dolar toparlan\u0131yor. Fed\u2019in Aral\u0131k art\u0131\u015f\u0131 %85. Bant 4.100\u20134.200. Merkez bankas\u0131 talebi destekliyor.<\/p>\n","protected":false},"author":87,"featured_media":69440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-69441","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