The value structure of Raffaello Gambogi is mid-key: quiet, controlled, and cohesive. A distinctly cool atmosphere runs through this palette: sky, water, and mist given colour form. The absence of saturated colour is itself an expressive choice: this is a palette of restraint and atmosphere. The saturated accent, #A08441, registers at 2.0% - sparse enough to feel like a deliberate surprise. 60 units of value range underpin the palette's structural clarity: the eye always knows where light falls. The mid-to-high key, cool bias, and moderate chroma point to outdoor observation - sky and diffused daylight as the dominant light source. This is palette 3 of Raffaello Gambogi's sequence - a single chapter in a chromatic story told across many works.