"We're sandwiched between resistance at the 200-day moving average and support at the 100-day moving average," said Howard Wen, precious metals analyst at HSBC Securities in New York.
Gold rallied on Thursday on a softer dollar after Fed policymakers said a rate increase would be appropriate only after further improvement in the labor market and greater confidence that inflation would rise.
"The boost that gold got from a more dovish Fed this week slightly improves the technical picture," ActivTrades chief analyst Carlo Alberto de Casa said.
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Noninterest-paying gold has benefited from a record-low rate environment following the 2007-2009 financial crisis. Higher rates would increase the opportunity cost of holding the metal.
Gold in euro terms was trading around 9 percent lower than a near two-year peak hit in January.
Bullion has garnered some support from investors worried over a euro zone crisis. Athens and its international creditors remained deadlocked over a debt deal. Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated.
Investor positioning remained bearish, with assets of top gold-backed exchange traded fund SPDR Gold Trust at its lowest since 2008 and speculators increasing short positions.
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Asian physical demand was also sluggish as a tight price range and higher stock market yields kept consumers away.
In China, prices on the Shanghai Gold Exchange fell to a discount of up to $2 an ounce to the global price from a premium of between $1 and $2 on Thursday.
Silver was down 0.4 percent at $16.09 an ounce, while palladium lost 1.9 percent to $705.25 after hitting a 16-month low.
Platinum was up 0.1 percent at $1,082.24.