I mean no offence but what happened to the old banner design? I feel like this new design doesn't look as great as the previous one. The colors also appear to look flat and boring because of the the blue hand on blue smoke and the red hand on red smoke. I also noticed that it's hard to see the last symbol on either ends of the mesh of symbols in the middle of the design. The red one doesn't show against the red smoke and the blue one is too bright and doesn't show on the white smoke. I quite liked the elements of gold, purple, blue and red in the old banner, the colors complimented each other nicely and it was more visually interesting to look at. Just curious, but was there a specific reason for the change or did you simply want to make a new banner?
PS: This is just my opinion, I am not a graphic designer. Plz take it with a grain of salt. :)