This beautiful red cloak creates a feeling of warmth and security. It looks so luxurious, with a chain fastening at the neck, and the long billowing fabric falling around the figure's feet. To emphasize the luxurious appearance, I would color the cloak in a deep and vibrant red, with some lighter shades to show the shine of the cloth. The fastening chain could be a shining gold, and lighter shades of the red could be used to pick out the inner details of the fabric. To bring the drawing to life, some gentle shadows can be added beneath the figure's feet and around the edges of the cloak.