On the hourly chart of gold priced at FXOpen, the metal surged above the $3,250 resistance before running into selling pressure. This movement showcases the volatility in gold markets as bears stepped in following a brief rise. At the same time, WTI crude oil prices tumbled, raising concerns about demand. Investors are advised to monitor both gold and crude oil price trends closely as these dynamics unfold, as they significantly influence trading strategies in commodities.