GLD DEC PUTS

I just found a low risk trade.

GLD (CURRENTLY AT 108.6):

Set up #1: I looked at the past 5 years and GLD almost always dropped between Nov 10th to Nov 20th. The range of drop was 2-5%.

Set up #2: GLD weekly and daily RSI are both >70 and it always pulled back when this happened in the past.

Set up #3: Looking at the daily chart, pay attention to the black candlestick we have today and see for similar candlesticks in the past and look at what happened the next few days.

I am thinking GLD Dec puts for the next few days could be a good trade.

GLTA