{"id":25806,"date":"2022-05-12T01:30:10","date_gmt":"2022-05-11T22:30:10","guid":{"rendered":"https:\/\/blog.coinmuhendisi.com\/?p=25806"},"modified":"2022-05-12T01:30:10","modified_gmt":"2022-05-11T22:30:10","slug":"hedge-fonlari-altin-satiyor-altin-yatirimcilari-bunlari-bilmeli","status":"publish","type":"post","link":"https:\/\/coinmuhendisi.com\/blog\/hedge-fonlari-altin-satiyor-altin-yatirimcilari-bunlari-bilmeli\/","title":{"rendered":"Hedge Fonlar\u0131 Alt\u0131n Sat\u0131yor: Alt\u0131n Yat\u0131r\u0131mc\u0131lar\u0131 Bunlar\u0131 Bilmeli!"},"content":{"rendered":"

Yat\u0131r\u0131mc\u0131lar Federal Rezerv\u2019in yirmi y\u0131ldan uzun bir s\u00fcredir ilk kez faiz oranlar\u0131n\u0131 50\u2019\u015fer baz puan art\u0131rmaya haz\u0131rlan\u0131rken, hedge fonlar\u0131 \u00fcst \u00fcste \u00fc\u00e7\u00fcnc\u00fc hafta i\u00e7in alt\u0131n \u00fczerindeki bo\u011fa bahislerini azaltt\u0131 ve short risklerini art\u0131rd\u0131.<\/p>\n

Short traderlar\u0131n pozisyonu dip seviyelerden y\u00fckselmeye ba\u015flad\u0131<\/b><\/p>\n

Commodity Futures Trading Commission\u2019dan (CFTC) al\u0131nan en son trade verileri, de\u011ferli metaller piyasas\u0131nda artan ay\u0131 e\u011filimini g\u00f6steriyor. Ancak baz\u0131 analistler, artan faiz oranlar\u0131na ra\u011fmen alt\u0131n piyasas\u0131n\u0131n sa\u011fl\u0131kl\u0131 kald\u0131\u011f\u0131n\u0131 belirtiyor. Baz\u0131 analistler ise, fiyatlar\u0131n 2.000 dolara y\u00fckseldi\u011fini g\u00f6ren g\u00fc\u00e7l\u00fc bir ilk \u00e7eyrek performans\u0131n\u0131n ard\u0131ndan alt\u0131n piyasas\u0131n\u0131n beklenen bir miktar konsolidasyon g\u00f6rd\u00fc\u011f\u00fcn\u00fc s\u00f6yl\u00fcyor.<\/p>\n

Bununla birlikte, baz\u0131 analistler yak\u0131n vadede daha d\u00fc\u015f\u00fck fiyatlara yer oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyor. Cuma g\u00fcn\u00fc yay\u0131nlanan bir raporda, emtia analistleri, alt\u0131n piyasas\u0131nda h\u00e2l\u00e2 bir\u00e7ok halinden memnun olan bo\u011fa yat\u0131r\u0131mc\u0131s\u0131 oldu\u011funu kaydediyor.<\/p>\n

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Net ticari olmayan vadeli i\u015flem pozisyonu, Fed\u2019in merakla beklenen art\u0131r\u0131m\u0131 ve niceliksel s\u0131k\u0131la\u015ft\u0131rmaya (QT) ili\u015fkin duyurusu \u00f6ncesinde Ukrayna\u2019daki sava\u015fla ilgili baz\u0131 kay\u0131ts\u0131z pozisyonlardan kurtulmas\u0131yla birlikte, haftada -%3,5 d\u00fc\u015ft\u00fc. Analistler, \u015fu de\u011ferlendirmeyi yap\u0131yor:<\/p>\n

Fed\u2019in her hareketini telgrafla g\u00f6ndermesiyle, pozisyon alma analiti\u011fi fiyat hareketinin anahtar\u0131 olacak. Alt\u0131nda hala kayda de\u011fer miktarda kay\u0131ts\u0131z pozisyonlar\u0131n kald\u0131\u011f\u0131n\u0131 g\u00f6r\u00fcyoruz. Short traderlar\u0131n pozisyonu rekora yak\u0131n d\u00fc\u015f\u00fck seviyelerden y\u00fckselmeye ba\u015flad\u0131.<\/p>\n

Daniel Briesemann: Alt\u0131n fiyat\u0131, bu y\u00fczden 100 dolar d\u00fc\u015ft\u00fc<\/b><\/p>\n

CFTC\u2019nin 3 May\u0131s\u2019ta sona eren haftaya ait Commitments of Traders raporu, para y\u00f6neticilerinin Comex alt\u0131n vadeli i\u015flemlerindeki spek\u00fclatif br\u00fct long pozisyonlar\u0131n\u0131 9.387 s\u00f6zle\u015fme ile 128.828\u2019e indirdi\u011fini g\u00f6sterdi. Ayn\u0131 zamanda, short pozisyonlar 3.883 s\u00f6zle\u015fme artarak 60.981\u2019e y\u00fckseldi.<\/p>\n

Alt\u0131n\u0131n net pozisyonu \u015fimdi bir \u00f6nceki haftaya g\u00f6re %16 d\u00fc\u015f\u00fc\u015fle, \u00fc\u00e7 ay\u0131n en d\u00fc\u015f\u00fck seviyesine gerileyerek 67.847 kontrat seviyesinde bulunuyor. Anket d\u00f6neminde de\u011ferli metal fiyatlar\u0131 1.900 dolar\u0131n alt\u0131na d\u00fc\u015ft\u00fc ancak 1.850 dolar civar\u0131nda destek buldu.<\/p>\n

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B\u00f6ylece son \u00fc\u00e7 haftada vadeli i\u015flem piyasalar\u0131nda 153 ton alt\u0131n sat\u0131ld\u0131. Commerzbank de\u011ferli metaller analisti Daniel Briesemann, muhtemelen bu s\u00fcre zarf\u0131nda alt\u0131n fiyat\u0131n\u0131n 100 dolar veya %5 oran\u0131nda d\u00fc\u015fmesinin bir nedeninin bu durum oldu\u011funu belirtiyor.<\/p>\n

\u201cTers r\u00fczgarlara ra\u011fmen alt\u0131n, g\u00f6receli g\u00fc\u00e7 g\u00f6stermeye devam ediyor\u201d<\/b><\/p>\n

Coinmuhendisi.com <\/strong>haberlerinde g\u00f6r\u00fc\u015flerine yer verdi\u011fimiz Saxo Bank emtia stratejisi ba\u015fkan\u0131 Ole Hansen, alt\u0131n piyasas\u0131nda short bahislerin \u015fu anda yedi ay\u0131n en y\u00fcksek seviyesinde oldu\u011funu kaydediyor. Ancak, ters r\u00fczgarlara ra\u011fmen alt\u0131n\u0131n di\u011fer varl\u0131klara k\u0131yasla g\u00f6receli g\u00fc\u00e7 g\u00f6stermeye devam etti\u011fini de belirtiyor. Analist, Twitter hesab\u0131ndan \u015fu payla\u015f\u0131m\u0131 yapt\u0131:<\/p>\n

USD bazl\u0131 yat\u0131r\u0131mc\u0131lar, SPX kar\u015f\u0131s\u0131nda +%16 ve TLT kar\u015f\u0131s\u0131nda +%26 \u00f6nde. Avrupa\u2019da, euro bazl\u0131 bir yat\u0131r\u0131mc\u0131, Stoxx50\u2019ye kar\u015f\u0131 +%25 ve AB Devlet tahvillerine kar\u015f\u0131 +%20\u2019ye bak\u0131yor. Alt\u0131n yat\u0131r\u0131mc\u0131lar\u0131, ka\u00e7\u0131n\u0131lmaz FOMC politika hatas\u0131n\u0131n zamanlamas\u0131na odaklan\u0131yor.<\/p>\n

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#Gold<\/a>'s relative strength continues. $USD<\/a> based investors are +16% ahead vs $SPX<\/a> and +26% vs $TLT<\/a>. In Europe a euro based investor is looking at +25% vs Stoxx50 and +20% vs EU Govt bonds. Gold investors focus on the timing of the inevitable FOMC policy mistake pic.twitter.com\/j2OSP0amFI<\/a><\/p>\n

— Ole S Hansen (@Ole_S_Hansen) May 9, 2022<\/a><\/p><\/blockquote>\n