A cable guard for a compound archery bow includes a body and a cable retaining member connected to the body by a joint. The cable retaining member may retain at least one cable of an archery bow. The body of the cable guard has a length sufficient to position the joint at least at the drawn position of at least one of the cables retained by the cable retaining member. The joint connecting the cable retaining member to the body of the cable guard permits the opening of the cable retaining member to swivel forwards towards the mounting portion. Swiveling forward, the opening of the cable retaining members brings at least one of the retained cables closer to the bowstring plane of travel of the bow to which it is mounted.