This suggestion came as a surprise to me.
Well, why not? -- in between the two carnelians that are touching each other, I imagine. I have seen bracelets with not one, but many pendants-- charms or amulets usually.
Of course, length is to be considered: bracelets are usually about 18cm = 7" long. Also the clasp or any other kind of fastener, which is the main reason I do not make bracelets often, i.e. when asked to. That in case silicone is not used to thread the beads: if not very orthodox, perhaps convenient.
But most of all, I feel curious regarding the gold pendant, wouldn't you show us a photo, please?