Gold is currently trading at $3,178, facing downward pressure due to multiple concerns and uncertainties in the market and among traders. The Ukraine-Russia talks have been unsuccessful, and the absence of Russian President Vladimir Putin has been seen as Russia provoking and troubling Ukraine. As tensions rise, world leaders are considering imposing stricter sanctions on Russia, with the potential for US President Donald Trump to make a comment on the situation. This has caused the US dollar to weaken, which could benefit Gold. However, there are still many factors influencing the price of Gold, and it is no longer a one-way trade. The key level to watch is at $3,160, with resistance levels at $3,245, $3,280, and $3,320, while support levels are at $3,160, $3,167, and $3,138.