Powerfully rebounding miners

The gold miner ETF of GDX was massively higher in August, +$24.41 (32.9%) to $98.51. 

GDX, monthly 

Summary

A high of $105.67, but cooling back to settle in the $98s. Monthly momentum ticked back upward, due to turn positive as of Sept'1st.
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Four of the key miners...

Agnico Eagle Mines (AEM)

Agnico was massively higher settling +$57.84 (39.8%) to $203.11. Monthly momentum has started to tick back upward. Vol' increased to 75M
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Newmont (NEM)  

Newmont saw a net August gain of +$32.35 (34.5%) to $126.06. New historic high of $135.29, which is very impressive, considering gold is around $1000 below the January high. Monthly momentum ticked back upward. Vol' was marginally higher at 171M
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Barrick Mining (B)

 

Barrick Mining settled +$8.24 (22.5%) to $36.73. Momentum has started to tick back upward. Vol' increased to 255M
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Pan American Silver (PAAS)

 

Pan American Silver saw a net August gain of +$8.96 (20.9%) to $51.92. A second monthly close under the 10MA. Next big support is around $35. Momentum weakened for a sixth month, settling fractionally positive. Volume increased to 111M 
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Of the four, yours truly favours Newmont. The cautious will arguably be on the sidelines, and hoping for a main market washout before the midterms, which would likely see the metals/miners cool back... if briefly. 
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