What to expect:

Turn your text into pretzels.



Step one:

Add your #705200 text in the canvas.

Step two:

Add a Satin layer style:

Satin

Structure

Blend Mode: Color Dodge
Color: #CDD55B
Opacity: 60
Angle: 148
Distance: 4
Size: 0
Contour: Default
Anti-aliased: Uncheck
Invert: Check