Gold Tumbles to $4,751, Signals Bearish Reversal on Hourly Charts

Gold slipped past the $4,751 mark, a key psychological level that traders had been watching closely. The precious metal’s hourly chart now shows a clear shift from earlier bullish momentum to a bearish trend, with lower highs and lower lows forming in the last few hours. Market participants are monitoring the 4,750 level as a potential support zone, while the broader backdrop of a strengthening U.S. dollar and rising Treasury yields adds pressure to gold’s price action. The latest data suggest that if the metal can hold above $4,750, it may continue to test higher, but a break below could trigger further downside.