Gold prices formed a solid base near the $3,200 zone, initiating a steady increase above resistance levels of $3,250 and $3,280 on the hourly chart at FXOpen. This trend signifies robust interest in the yellow metal.

As gold reaches new heights, WTI crude oil also refocuses and shows signs of recovery, suggesting a broader resurgence in commodities. The interrelation of these markets could provide critical insights for investors looking for opportunities. The rebound in both gold and oil highlights the potential for significant market movements as traders reassess their strategies in response to these changes.