GLD Short, Gap down and trendline break

Condition:
Daily uptrend line break by breakaway Gap (G1)

Short: 162.2
Stop: 162.6
Target1: 160
Target2: 155

This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.

Trade active:

bought Aug P155/147 Limit 1.61;
Option Stop Above 163.
target on daily chart is 155. Just try to see if it will go down quickly.

Trade closed manually:

CLOSED Limit 1.38; a small loser.
GLD didn't drop down quickly.
Price back to entry point, Option lost one week timing value.