Francesco Guardi distributes its values across the middle register, creating harmony without high contrast. A distinctly cool atmosphere runs through this palette: sky, water, and mist given colour form. Chroma hovers near zero; colour declares itself through subtle shifts in hue rather than outright saturation. The most saturated colour, #D1C6A8, is reserved to 7.8% of the surface, where it acts as a focal punctuation. 58 units of value range underpin the palette's structural clarity: the eye always knows where light falls. High luminosity and cool temperature suggest the plein-air condition: unfiltered daylight and open sky. Palette 3 sits within the larger chromatic argument that Francesco Guardi's complete body of work advances.