利空情绪宣泄盖过基本面支撑金属多数回调 今夜如何演绎？

Group 1 - The core viewpoint of the articles indicates a general decline in base metal prices, with zinc being the only metal to rise, driven by supply disruptions and pre-holiday stocking demand [1][2][3] - Copper prices fell by 810 yuan to 101,690 yuan/ton, influenced by a cooling macro sentiment and nearing the end of pre-holiday stocking [1][3] - Aluminum prices showed a slight decline of 160 yuan to 23,870 yuan/ton, supported by strong fundamentals and low global visible inventories [1][3] Group 2 - Tin prices experienced a significant drop of 10,500 yuan to 426,500 yuan/ton, primarily due to reduced speculative interest following trading limit adjustments by the exchange [2][3] - Nickel prices fell sharply by 5,400 yuan to 148,700 yuan/ton, as high inventories and weak downstream demand countered long-term benefits from reduced export quotas [2][3] - The overall market adjustment is characterized as a release of pent-up emotions rather than a fundamental shift in supply and demand dynamics [3][4] Group 3 - The upcoming FOMC meeting is expected to influence global liquidity expectations, creating a battleground between macro expectations and industrial fundamentals [4][5] - Precious metals like gold and silver are anticipated to remain strong due to their ties to geopolitical risks and monetary policy shifts [5] - Industrial metals such as copper and lithium are expected to show resilience due to their long-term supply-demand gaps, despite short-term adjustments [5]