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enter image description here

What is this? It conducts both ways.

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    \$\begingroup\$ Hard to tell from the blurry picture. Can you take another picture? \$\endgroup\$
    – Justme
    Nov 7 at 15:33
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    \$\begingroup\$ What is the resistance? I'm guessing it is quite low (less than 1 Ohm). I'm also guessing that this isn't really a component but just a wire made into a loop with a hole, that is sometimes used to connect the probe of an oscilloscope. \$\endgroup\$ Nov 7 at 15:34
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    \$\begingroup\$ Ooops. I voted to close as "needs details or clarity". I should have selected "needs more focus". While you're at it, crop the photo properly. > 90% of what you posted is irrelevant background. \$\endgroup\$
    – Transistor
    Nov 7 at 15:37
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    \$\begingroup\$ its a test point \$\endgroup\$
    – JonRB
    Nov 7 at 15:38
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    \$\begingroup\$ This question seriously needs more clarity in words and images. \$\endgroup\$ Nov 7 at 15:45
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It looks like a fuzzy macro photo of 5 mm case with possibly bi-colored LEDS made by BIVAR.

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