Now we have to make a copy of the last layer and make the layer smaller, as it is demonstrated below:



Another circle we’ll make inside the last one:



Blending Options>Inner Glow:

 



Make the corrections on the last circle and make it smaller also:



Blending Options>Gradient Overlay:

 

 



Blending Options>Outer Glow:

 



Try to represent now two circles on the same layer (make the first one and then press the Shift button to represent the second one, colored with #DB7E52)



Hold on Alt button to make a click between the layers.