1) Make a new document, I used 300x300.
2) Select the Gradient Tool. Now set the Chrome gradient:

Set Difference blending change:
3) Go completely bezerk and make tons of gradient lines untill you get something like this:
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4) Now press CNTRL+U and this is where you get creative and make your own color. Try using saturation aswell.
5) Duplicate the layer. Go to Edit>Transform>Rotate 90 CW.
6) Change the blending from Normal to Screen. And you will have something like this:
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