A cinematic painting captures Gandalf the Grey from the chest up, focusing intently on his wise and warm gaze as he looks directly at the viewer. A gentle smile hints in his eyes. His hand is raised, fingers slightly curled, conjuring an ethereal dragon made entirely of vibrant fireworks and smoke hovering just above his palm. The dragon is brilliant and detailed, crafted from swirling fire and wispy smoke, coiling gracefully in mid-air with scales flickering in deep orange, crimson, and gold. Its intense eyes and open jaws release sparkling embers, casting a warm, dynamic glow illuminating Gandalf's face and hand. Spires of smoke spiral from its wings and tail, blending into the dark blue background, enhancing its ghostly quality. Volumetric lighting accentuates Gandalf's hand and the dragon, creating depth as light reflects off magical dust particles. The dragon's smoky fire leaves shimmering trails like sparklers, adding movement and awe. The rendering is hyperrealistic and finely detailed, with an emphasis on soft shadows and diffused lighting. Gandalf's robes and hand bask in the dragon's warm glow, their textures enriched by contrasting light and shadow. The painting captures an enchanting moment of magic, showcasing the dragon's fiery form and smoke with lifelike precision, evoking a mystical and cinematic scene.