Red Tracer will be saved for the Premiere Stakes on Saturday week after trainer Chris Waller decided not to run the talented mare in either Sydney or Melbourne this weekend.

Red Tracer was nominated for both the Group Three Golden Pendant (1400m) at Rosehill on Saturday and the Group One Sir Rupert Clarke Stakes (1400m) at Caulfield on Sunday but was not among the acceptances for either.

Waller had one reason for Red Tracer not heading to the Golden Pendant: "More Joyous".

The Gai Waterhouse-trained More Joyous was installed the $1.04 TAB fixed odds favourite for the Golden Pendant on Wednesday and will meet just five rivals.

"The other race (Rupert Clarke Stakes) was a bit of an afterthought. I would have gone there if it had been likely to be a slow track or if she had been set for the race," Waller said.

"I don't think it would have been the right way to start her preparation."

"Her target is the Myer Classic third-up."

The Group Two Premiere Stakes (1200m) is at Randwick on Epsom Handicap day and is also the next stop for dashing sprinter Rain Affair.

The gelding was scratched from the Shorts at Randwick last weekend after he went off his feed on race morning but trainer Joe Pride said he appeared to be back on track.

"He's picked up well since," Pride said.

"He will trial on Friday then head to the Premiere."