Commonwealth (countries) / Commonwealth of Nations / British Commonwealth

The Commonwealth, or the Commonwealth of Nations is an international association of 56 member states, most of which are former territories of the British Empire.

Make the "5" hand sign on both hands, with all fingers pointing up and have the thumb touch each other at the side. Then, draw a vertical circle with the back of the palm, while rotating the fingers until they are pointing down.

This sign is basically showing the Commonwealth of Nations flag.