Core Viewpoint - Gold's recent advance to $3,409 indicates a strong bullish momentum, positioning it near the upper boundary of a symmetrical triangle pattern formed after a significant rally from the April low of $2,866 to a record high of $3,500, representing an increase of $543 or 18.4% [1][2]. Price Levels and Breakout Potential - A weekly close above $3,409 would confirm the bullish strength and keep the breakout scenario alive, while failure to maintain above this level could lead to a pullback [2]. - The critical resistance level for a triangle breakout is at $3,439, which could lead to testing the record high of $3,500. A sustained move above $3,500 could target new highs, with projections of $3,811 based on the July swing low of $3,268 and $3,623 using the triangle's height [3]. - On the downside, potential pullbacks could test support levels near the 20-day and 50-day moving averages at $3,355 and $3,350, respectively, forming a key support zone [4]. Trading Outlook - Traders should monitor the $3,439 resistance level for confirmation of a breakout, with a decisive close above this level indicating bullish continuation towards $3,500 and potentially $3,623–$3,811 [5]. - A rejection at the triangle's upper trendline could lead to a pullback towards $3,353–$3,347, where aggressive traders may look for buying opportunities [5]. - The upcoming sessions are critical in determining whether gold will break out to new highs or continue to consolidate within the triangle pattern [5].

Group 1: Market Overview - The market has experienced sharp volatility recently, but not all stocks have been negatively impacted, with UnitedHealth (UNH), Newmont (NEM), and Sprouts Farmers Market (SFM) showing positive gains [1][8]. Group 2: Newmont (NEM) - Newmont is one of the largest gold producers globally, with active mines in Nevada, Peru, Australia, and Ghana, benefiting from a surge in gold prices, resulting in a nearly 50% year-to-date performance increase [4]. - The average gold price per ounce reached $2,643, up from $2,004 in the same period last year, contributing to a record free cash flow of $1.6 billion [5]. - Analysts have raised their EPS expectations for Newmont, reflecting a bullish near-term outlook [7]. Group 3: UnitedHealth (UNH) - UnitedHealth provides a comprehensive range of health benefits, with its Optum segment leveraging data and technology to enhance care delivery and health outcomes [9]. - The company is expected to report a 5% year-over-year EPS growth on 11% higher sales, having exceeded EPS estimates in the last 20 quarterly releases [10][11]. - UnitedHealth's domestic operations provide a buffer against tariff concerns [11]. Group 4: Sprouts Farmers Market (SFM) - SFM has shown strong performance, exceeding consensus EPS and sales expectations for the last ten quarters, with a stock increase of nearly 160% over the past year [12]. - The company reported $2.0 billion in sales, reflecting a 17% year-over-year growth, indicating strong demand [14]. - SFM holds a Zacks Rank 1 (Strong Buy), with a notably bullish EPS outlook [15]. Group 5: Conclusion - Despite ongoing market volatility and tariff headlines, UnitedHealth, Newmont, and Sprouts Farmers Market have all demonstrated upward momentum and possess bullish near-term EPS outlooks [16].