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