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  • Rhude Hoodie New Fashion Style

    Rhude Hoodie New Fashion Style

    Rhude Hoodie: The New Fashion Style

    Introduction to Rhude Hoodies

    In the ever-evolving world of fashion, one brand that has been making waves with its unique and stylish offerings is Rhude. Rhude hoodies, in particular, have garnered considerable attention for their distinctive designs and remarkable quality. If you’re looking to stay on-trend while staying comfortable, Rhude hoodies might just be the perfect addition to your wardrobe.

    The Rise of Rhude in Fashion

    Rhude is a relatively young fashion brand that has risen to prominence in recent years. Founded by Rhuigi Villaseñor, this label has a fresh and innovative approach to fashion. Rhude’s aesthetics are influenced by streetwear, luxury, and pop culture, making it a perfect choice for those who appreciate a blend of these elements in their wardrobe.

    Distinct Features of Rhude Hoodies

    Unique Designs

    Rhude hoodies are known for their https://rhudehoodie.shop/ unconventional and eye-catching designs. These hoodies often feature bold graphics, intricate patterns, and artistic motifs that set them apart from the standard hoodies you’ll find in the market.

    Quality Materials

    What truly distinguishes Rhude hoodies is the use of high-quality materials. The brand takes pride in crafting its hoodies with the finest fabrics, ensuring both comfort and durability for the wearer.

    Celebrities and Rhude Hoodies

    Many celebrities have been spotted wearing Rhude hoodies, further propelling the brand into the fashion limelight. From A-list actors to renowned musicians, Rhude hoodies have become a symbol of celebrity style, making them an attractive choice for fashion enthusiasts.

    Rhude Hoodies in Streetwear Culture

    The streetwear culture has embraced Rhude https://rhudehoodie.shop/ hoodies with open arms. These hoodies seamlessly blend into the urban fashion scene, and their unique designs often make them statement pieces that contribute to an individual’s style.

    Why Rhude Hoodies are So Popular

    Versatility

    Rhude hoodies are versatile, offering the wearer the flexibility to dress up or down. Whether you’re going for a casual look or a smart-casual outfit, a Rhude hoodie can complement your style effortlessly.

    Comfort

    Aside from their striking appearance, Rhude hoodies are exceptionally comfortable. The high-quality materials used ensure that you feel at ease, regardless of the occasion.

    How to Style a Rhude Hoodie

    Casual Look

    Pair your Rhude hoodie with jeans and sneakers for an easy, everyday look that oozes style.

    Smart-Casual Look

    For a more polished appearance, combine your Rhude hoodie with tailored trousers and leather shoes.

    Where to Buy Authentic Rhude Hoodies

    Official Website

    The official Rhude website is the most reliable source for authentic products. You can explore their latest collections and make a purchase with confidence.

    High-End Retailers

    Luxury department stores and boutiques often carry Rhude products. Visit these stores to see the collection in person and enjoy a high-end shopping experience.

    Pricing and Value for Money

    While Rhude hoodies are not the most budget-friendly option, their unique designs, exceptional quality, and the brand’s reputation make them a great investment for fashion-conscious individuals.

    Rhude Hoodies for All Seasons

    One of the fantastic aspects of Rhude hoodies is that they are suitable for all seasons. You can layer them during the colder months or wear them on their own during the summer, making them a versatile addition to your wardrobe.

    The Future of Rhude Hoodies in Fashion

    With Rhude’s constant innovation and the brand’s dedication to staying true to its unique aesthetics, the future of Rhude hoodies in fashion looks promising. As trends evolve, Rhude is likely to continue pushing boundaries and setting new standards in the industry.

    Sustainability and Rhude

    Rhude has also shown its commitment to sustainability in fashion. The brand is exploring eco-friendly practices and materials, ensuring that the fashion industry becomes more responsible and environmentally conscious.

    Conclusion

    In conclusion, Rhude hoodies have emerged as a stylish and iconic fashion choice for those who appreciate uniqueness and quality in their wardrobe. With their distinctive designs, high-quality materials, and comfort, Rhude hoodies have rightfully earned their place in the world of fashion.

    Are Rhude hoodies worth the investment?

    Absolutely. Rhude hoodies offer unique designs, top-notch materials, and are favored by celebrities, making them a valuable addition to your wardrobe.

    What makes Rhude hoodies stand out from other brands?

    The unique designs and the use of high-quality materials make Rhude hoodies distinctive. They also offer great comfort and versatility in styling.

    Can I find limited edition Rhude hoodies?

    Yes, Rhude occasionally releases limited edition hoodies, which can be highly sought after by collectors and fashion enthusiasts.

    Are there different styles of Rhude hoodies available?

    Yes, Rhude offers a variety of hoodie styles, from classic designs to more avant-garde options, catering to a wide range of tastes.

    How do I care for my Rhude hoodie?

    To ensure the longevity of your Rhude hoodie, follow the care instructions provided on the label. Typically, gentle machine washing and air drying are recommended.

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  • Gold Price Breaks Key Support Near $1,200 Vs US Dollar

    Gold Price Breaks Key Support Near $1,200 Vs US Dollar

    • – Gold price declined recently and broke the $1,200 support area against the US Dollar.
    • – There is a crucial bearish trend line formed with resistance at $1,192 on the hourly chart of gold versus the USD.
    • – Recently in China, the hosing price index for July 2018 was released by the National Bureau of Statistics.
    • – The outcome was above the forecast of +5.5% as there was a rise in the HPI by 5.8%.

    Chinese Housing Price Index

    Recently in China, the hosing price index for July 2018 was released by the National Bureau of Statistics. The market was looking for a rise of 5.5% in the index in July 2018 compared with the last rise of 5%.

     

    The actual result was above the forecast of +5.5% as there was a rise in the HPI by 5.8%. Moreover, in Australia, the Wage Price Index for Q2 2018 was released by the Australian Bureau of Statistics. The outcome was line with the forecast as there was a rise of 0.6% (QoQ).

     

    Gold price is currently under a lot of pressure and it is likely to decline below the $1,185 support level in the near term.

     

    Gold Price Technical Analysis

    Gold price faced a solid resistance near the $1,218-1,220 zone recently against the US Dollar. The price started a major downside move, broke the $1,205 and $1,200 support levels, and also settled below the 100 hourly simple moving average.

     

    Gold Price Technical Analysis

     

    An intermediate low was formed at $1,191 before the price corrected higher. However, it failed to break the $1,200 resistance and declined below the $1,190 support area. It also broke the 1.236 Fib extension level of the last wave from the $1,191 low to $1,198 high.

     

    Therefore, there are chances of more losses below $1,188 in the near term. It could even break the 1.618 Fib extension level of the last wave from the $1,191 low to $1,198 high at $1,187.

     

    On the upside, there is a crucial bearish trend line formed with resistance at $1,192 on the hourly chart of gold versus the USD. Only a break and close above the trend line, followed by a close above $1,200 could open the doors for a recovery.

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  • Gold Price Could Break Higher Toward $1,220 Vs US Dollar

    Gold Price Could Break Higher Toward $1,220 Vs US Dollar

    • – Gold price is slowly recovering and is currently trading above $1,205 against the US Dollar.
    • – There is a major bearish trend line in place with resistance at $1,214 on the hourly chart of gold versus the USD.
    • – Recently in China, the Trade Balance report for July 2018 was released by the General Administration of Customs of the People’s Republic of China.
    • – The outcome was below the forecast of $39.33B as there was a trade surplus of $28.05B (YoY).

    Chinese Trade Balance

    Recently in China, the Trade Balance report for July 2018 was released by the General Administration of Customs of the People’s Republic of China. The market was looking for a trade surplus of $39.33B in July 2018 compared with the same month a year ago.

     

    The actual result was below the forecast of $39.33B as there was a trade surplus of $28.05B (YoY). Imports of goods and services in July 2018 increased 20.9% (YoY), more than the forecast of +6.9%. Exports of goods and services in July 2018 increased 12.2% (YoY), more than the forecast of +10.0%.

     

    Gold price is slowly recovering, but it must break the $1,214-1,215 resistance area to gain upside momentum in the near term.

     

    Gold Price Technical Analysis

    After a major dip, gold price formed a decent support near the $1,202 level and recovered against the US Dollar. The price started moving higher, traded above $1,210 and later formed an intermediate low near the $1,207 level.

     

    Gold Price Technical Analysis

     

    The price recently broke the 50% Fib retracement level of the last decline from the $1,216 high to $1,208 low. It is also trading above the 100 hourly simple moving average and $1,210. Therefore, the price may continue to move higher above the $1,212 level in the near term.

     

    However, there is a major bearish trend line in place with resistance at $1,214 on the hourly chart of gold versus the USD. The price must break the trend line resistance and $1,215 to gain upside momentum in the near term.

     

    Above $1,215, the price may perhaps move above towards the $1,220 level. On the flip side, if there is a downside correction, the price will most likely find support near the $1,210 and $1,208 levels.

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  • Gold Price Could Break Above $1,225 Vs US Dollar

    Gold Price Could Break Above $1,225 Vs US Dollar

    • – Gold price is trading above key support levels at $1,220 and $1,218 against the US Dollar.
    • – There is a crucial contracting triangle forming with resistance near $1,223 on the hourly chart of gold versus the USD.
    • – Recently in China, the Manufacturing Purchasing Managers Index (PMI) for July 2018 was released by the China Federation of Logistics and Purchasing (CFLP).
    • – The outcome was below the forecast of 51.3 as there was a decline in the PMI from 51.5 to 51.2.

    Chinese NBS Manufacturing PMI

    Recently in China, the Manufacturing Purchasing Managers Index (PMI) for July 2018 was released by the China Federation of Logistics and Purchasing (CFLP). The market was looking for a decline from the last reading of 51.5 to 51.3.

     

    The actual result was below the forecast of 51.3 as there was a decline in the PMI from 51.5 to 51.2. Looking at the official non-manufacturing PMI, there was a decline from the last reading of 55 to 54, whereas the market was aligned for no change.

     

    Gold price is trading above the $1,220 support and it seems like it could break higher above the $1,225 resistance in the near term.

     

    Gold Price Technical Analysis

    Recently, there was a downside move in gold price from well above the $1,230 level against the US Dollar. The price declined and traded below the $1,225 and $1,222 support levels plus settled below the 100 hourly simple moving average.

     

    Gold Price Technical Analysis

     

    However, losses were protected by the $1,218 support area. The price recovered and an intermediate low was formed at $1,220. At the moment, there is a crucial contracting triangle forming with resistance near $1,223 on the hourly chart of gold versus the USD.

     

    An initial resistance is near $1,222 and the 38.2% Fib retracement level of the last decline from the $1,224 high to $1,220 low. However, the price must break the triangle resistance to gain traction.

     

    Moreover, a break above the 50% Fib retracement level of the last decline from the $1,224 high to $1,220 low could help gold buyers in the near term. Above $1,225, the price could move towards the $1,332 level. On the downside, key supports are at $1,220 and $1,218.

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  • Gold Price Could Resume Upside Above $1,260 Vs US Dollar

    Gold Price Could Resume Upside Above $1,260 Vs US Dollar

    • – Gold price traded as high as $1,265 before starting a downside correction against the US Dollar.
    • – There is a major bullish trend line in place with support at $1,255 on the hourly chart of gold versus the USD.
    • – Recently in China, the Consumer Price Index for June 2018 was released by the National Bureau of Statistics of China.
    • – The outcome was below the forecast of 0% as there was a decline in the CPI in June 2018 by 0.1%.

    Chinese CPI

    Recently in China, the Consumer Price Index for June 2018 was released by the National Bureau of Statistics of China. The market was looking for no change in the CPI in June 2018 compared with the previous month.

     

    The actual result was below the forecast of 0% as there was a decline in the CPI in June 2018 by 0.1%. Looking at the yearly change, there was a rise of 1.9% in the CPI, more than the last +1.8%. On the positive side, the Producer Price Index in June 2018 rose 4.7% (YoY), more than the forecast of +4.5%.

     

    Gold price is currently correcting lower, but it remains well supported above the $1,255 and $1,252 levels.

     

    Gold Price Technical Analysis

    There was a decent upside wave in gold price from the $1,251 low against the US Dollar. The price traded higher and broke the $1,258 and $1,260 resistance levels to settle above the 100 hourly simple moving average.

     

    Gold Price Technical Analysis

     

    The price traded as high as $1,265 and later it started a downside correction. It moved down and broke the 38.2% Fib retracement level of the last wave from the $1,251 low to $1,265 high. However, declines were protected by the $1,255-1,256 support zone.

     

    There is also a major bullish trend line in place with support at $1,255 on the hourly chart of gold versus the USD. The same trend line is near the 61.8% Fib retracement level of the last wave from the $1,251 low to $1,265 high.

     

    Therefore, it seems like the price remains well supported above the $1,255 level. A break above the $1,260 level could open the doors for an upside move towards $1,265.

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  • Gold Price Accelerating Declines Below $1,245 Vs US Dollar

    Gold Price Accelerating Declines Below $1,245 Vs US Dollar

    • – Gold price declined recently and broke a key support near $1,245 against the US Dollar.
    • – There is a key bearish trend line formed with resistance near the $1,245 level on the hourly chart of gold versus the USD.
    • – Recently in the US, the Institute for Supply Management (ISM) Manufacturing Index for June 2018 was released.
    • – The outcome was above the forecast of 58.4 as there was a rise in the Index to 60.2.

    US Institute for Supply Management (ISM) Manufacturing Index

    Recently in in the US, the Institute for Supply Management (ISM) Manufacturing Index for June 2018 was released. The market was looking for a decline in the index from the last reading of 58.7 to 58.4.

     

    The actual result was above the forecast of 58.4 as there was a rise in the Index to 60.2, which is the 110th consecutive month increase. Moreover, the New Orders Index posted a reading of 63.5, a bit lower than the last reading of 63.7. The report added that:

     

    New Orders, Production, and Employment Growing, Supplier Deliveries Slowing at Faster Rate; Backlog Growing, Raw Materials Inventories Growing; Customers’ Inventories Too Low, and Prices Increasing at Slower Rate; Exports and Imports Growing.

     

    Gold price remained in a bearish zone below the $1,245 level and it seems like recoveries in the near term could be capped.

     

    Gold Price Technical Analysis

    After forming a high near the $1,255 level, gold price started a downside move against the US Dollar. The price declined and broke the $1,250 and $1,245 support levels to settle below the 100 hourly simple moving average.

     

    Gold Price Technical Analysis

     

    The price recently traded as low as $1,237.82 and it is currently consolidating losses. An initial resistance is near the 23.6% Fib retracement level of the last decline from the $1,255 high to $1,237 low.

     

    There is also a key bearish trend line formed with resistance near the $1,245 level on the hourly chart of gold versus the USD. The same trend line is near the 50% Fib retracement level of the last decline from the $1,255 high to $1,237 low.

     

    Therefore, if the price corrects higher from the current levels, it is likely to find sellers near the $1,245 and $1,246 levels. On the downside, supports are seen at $1,237, $1,235 and $1,232.

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  • Gold Price Approaching Next Break Vs US Dollar

    Gold Price Approaching Next Break Vs US Dollar

    • – Gold price is trading nicely above the $1,300 support level with a positive angle against the US Dollar.
    • – There is a contracting triangle forming with support at $1,300 on the hourly chart of gold versus the USD.
    • – Recently in China, the Manufacturing Purchasing Managers Index (PMI) for May 2018 was released by the China Federation of Logistics and Purchasing (CFLP).
    • – The outcome was above the forecast of 51.3 as there was a rise in the PMI to 51.9.

    China’s Manufacturing Purchasing Managers Index

    Recently in China, the Manufacturing Purchasing Managers Index (PMI) for May 2018 was released by the China Federation of Logistics and Purchasing (CFLP). The market was looking for a decline in the PMI from the last reading of 51.4 to 51.3.

     

    The actual result was above the forecast of 51.3 as there was a rise in the PMI to 51.9. Looking at the official non-manufacturing PMI, the market was looking for no change from the last reading of 54.8. However, the result was positive as there was a rise in the PMI to 54.9.

     

    Gold price is currently trading with a positive bias and it seems like it could break the $1,305 resistance for further gains.

     

    Gold Price Technical Analysis

    After trading towards the $1,292 level, gold price found support against the US Dollar. The price started an upside move and traded above the $1,300 resistance level. There was also a close above $1,300 and the 100 hourly simple moving average.

     

    Gold Price Technical Analysis

     

    The price recently traded towards the $1,305 level where it faced sellers. A high was formed at $1,304 and the price corrected below the 23.6% Fib retracement level of the last wave from the $1,295 low to $1,304 high.

     

    However, the downside move was protected by the $1,300 support and the 100 hourly SMA. Moreover, the 38.2% Fib retracement level of the last wave from the $1,295 low to $1,304 high also acted as a support.

     

    It seems like there is a contracting triangle forming with support at $1,300 on the hourly chart of gold versus the USD. The price may soon make the next move either above $1,305 or below $1,300 in the near term.

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  • Gold Price Could Correct Lower Vs US Dollar

    Gold Price Could Correct Lower Vs US Dollar

    • – Gold price is currently correcting lower and is trading below the $1,318 support against the US Dollar.
    • – There was a break below a short-term contracting triangle pattern with support at $1,317 on the hourly chart of gold versus the USD.
    • – Recently in China, the Retail Sales report for March 2018 was released by the National Bureau of Statistics of China.
    • – The outcome was below the forecast of +10% as there was a rise in sales by 9.4%.

    China’s Retail Sales

    Recently in China, the Retail Sales report for March 2018 was released by the National Bureau of Statistics of China. The market was looking for a rise in sales by 10% in March 2018 compared with the same month a year ago.

     

    The actual result was below the forecast of +10% as there was a rise in sales by 9.4%. Looking at the Industrial production, there was a rise by 7% in the production, more than the forecast of +6.3%. On the other hand, the Fixed Asset Investment came in at 7%, less than the forecast of 7.4%.

     

    At the moment, Gold price is trading in a bearish zone and it could continue to decline towards the $1,310 and $1,305 support levels.

     

    Gold Price Technical Analysis

    There was a decent upside move above the $1,320 level in gold price against the US Dollar. The price traded as high as $1,325 before starting a downside correction. It declined and traded below the $1,320 support level to start a downside correction.

     

    Gold Price Technical Analysis

     

    The price traded below the 50% Fib retracement level of the last wave from the $1,304 low to $1,325 high. More importantly, there was a break below a short-term contracting triangle pattern with support at $1,317 on the hourly chart of gold versus the USD.

     

    Sellers pushed the price below $1,315 and the 100 hourly simple moving average. It seems like the price may decline further and it could even break the 61.8% Fib retracement level of the last wave from the $1,304 low to $1,325 high.

     

    On the downside, the next major supports are near the $1,310 and $1,305 levels. Below this last, the price could even test the $1,300 handle.

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  • Gold Price Approaching Crucial Break Vs US Dollar

    Gold Price Approaching Crucial Break Vs US Dollar

    • – Gold price is slowly moving higher and is currently trading above the $1,310 support against the US Dollar.
    • – There is a crucial contracting triangle pattern forming with resistance at $1,318 on the hourly chart of gold versus the USD.
    • – Recently in China, the Trade Balance report for April 2018 was released by the General Administration of Customs of the People’s Republic of China.
    • – The outcome was above the forecast of $24.70B as there was a trade surplus of $28.8B.

    China’s Trade Balance

    Recently in China, the Trade Balance report for April 2018 was released by the General Administration of Customs of the People’s Republic of China. The market was looking for a trade balance of $24.70B, compared with the last deficit of $-4.98B.

     

    The actual result was above the forecast of $24.70B as there was a trade surplus of $28.8B. Imports of goods and services in April 2018 increased 21.5%, more than the forecast of +16%. Exports of goods and services in April 2018 increased 12.9%, more than the forecast of +6.3%.

     

    It seems like Gold price may extend gains and it could even break the $1,318 and $1,320 resistance levels for more gains.

     

    Gold Price Technical Analysis

    After trading towards the $1,300 support area, gold price started an upside move against the US Dollar. The price formed a low at $1,301 and started an upside move. It slowly moved higher and broke the $1,305 and $1,310 resistance levels.

     

    Gold Price Technical Analysis

     

    The price also moved above the 50% Fib retracement level of the last decline from the $1,325 high to $1,301 low. Moreover, there was a close above the $1,310 resistance and 100 hourly simple moving average.

     

    At the moment, it seems like there is a crucial contracting triangle pattern forming with resistance at $1,318 on the hourly chart of gold versus the USD. The price may soon make the next move either above $1,318 or below $1,310.

     

    As long as the price is above the 100 hourly SMA, the chances of an upside break above $1,318 are high. The next resistance in the mentioned scenario is around the $1,325 level.

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  • Gold Price Could Decline Further Below $1,315 Vs US Dollar

    Gold Price Could Decline Further Below $1,315 Vs US Dollar

    • – Gold price started a downside move and declined below the $1,330 support against the US Dollar.
    • – There is a major bearish trend line forming with resistance at $1,325 on the hourly chart of gold versus the USD.
    • – Recently in China, the Manufacturing Purchasing Managers Index (PMI) for April 2018 was released by the China Federation of Logistics and Purchasing (CFLP).
    • – The outcome was above the forecast of 51.3 as the PMI came in at 51.4.

    China’s New Loans

    Recently in China, the Manufacturing Purchasing Managers Index (PMI) for April 2018 was released by the China Federation of Logistics and Purchasing (CFLP). The market was slated for a decline from the last reading of 51.5 to 51.3.

     

    The actual result was above the forecast of 51.3 as the PMI came in at 51.4. Looking at the official non-manufacturing PMI, there was a rise from the last reading of 54.6 to 54.8, whereas the market was looking for a rise to 55.1.

     

    It seems like Gold price remains in a bearish zone and it could even break the recent low of $1,315 to decline further.

     

    Gold Price Technical Analysis

    After trading above the $1,350 level, gold price faced sellers against the US Dollar. The price started a downside move and declined below the $1,350 and $1,330 support levels. There was even a break below the $1,325 support and the 100 hourly simple moving average.

     

    Gold Price Technical Analysis

     

    The price traded as low as $1,315 before starting an upside correction. It traded higher and moved above the 23.6% Fib retracement level of the last decline from the $1,332 high to $1,315 low.

     

    However, the price is facing hurdles near the $1,325 resistance. Moreover, the 61.8% Fib retracement level of the last decline from the $1,332 high to $1,315 low acted as a resistance. There is also a major bearish trend line forming with resistance at $1,325 on the hourly chart of gold versus the USD.

     

    At the moment, the price is trading with a bearish angle below $1,325 and the 100 hourly SMA. On the downside, a break below $1,315 may perhaps call for further losses towards the $1,300 level.

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