Ukraine tensions leading to some equity and gold action

Talk this morning of increasing hostility around Slaviansk with heavy gunfire being heard and heading toward the city centre.

Gold being hoovered and now up over 1% on the session to breach $1314. Resistance between $1317-22. Immediate support at $1307 with more at $1300

DAX down to 9407 after failing to breach key resistance around 9600

S&P just off its lows at $1872

Nothing of real note in forex price action but much of the yen and swiss buying was done early in Asia

Gold H4 M May 5

Gold H4 M May 5

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