While most of the publicly traded senior gold producers have ugly charts that don't inspire much optimism, there is one gold stock which has begun to show some encouraging signs that a bottom may be in place and that brighter days lie ahead:

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After performing terribly throughout 2011 and 2012 Kinross Gold (KGC) has formed a nice bottom with plenty of potential upside heading into 2013.

Very few gold stocks exhibit any sort of bullish chart pattern currently, which makes KGC's recent bullish pennant/symmetrical triangle a noteworthy bullish divergence.