Glimmering ball of light seen low on horizonI was hanging out with my husband and some good friends in a yard around a fire pit around 9:25pm Pacific Standard Time. We were all talking and laughing, and all of a sudden a bright round object caught my eye as I was gazing West along the horizon. It appeared to be a “ball” or point of bright glimmering light, and it flickered different colors: red, white, blue, and maybe green.It was visible just above a stand of trees obscuring the horizon, and was in a solid position in relation to an electrical pole and wire, so we could all judge its lack of movement. It appeared to not move, and just hover in one spot in the sky for close to one hour. It did move very slowly over the course of this hour, however. The only reason we could perceive this was because of the electrical wire, and its position around it. But as I said, the movement was so slow that it wasn’t perceivable otherwise.It was quite far away - I cannot guess how many miles or kilometers, but it was so far away that we got out the binoculars to get a better look at it. It was very difficult to focus on (just from the unsteadiness of our arms holding up the binoculars) but from the best of my knowledge it just appeared to be a ball, or point of light. It continued to flicker different colors, and was very beautiful to look at.Towards the end of the hour, it seemed to recede and the flicker faded as well. It very slowly got further and further away, as well as closer to the horizon (and trees that were blocking our view). It finally moved behind a tree, and we could no longer see it. This object was seen by about five of my friends, and me. We talked about it all night.