Steve Granitz/FilmMagic Selena Gomez put on a spellbinding display in red at the world premiere of the highly anticipated Wizards Beyond Waverly Place. Gomez, 32, rocked an elegant red off-the-shoulder sequined cocktail dress Monday, October 28, as she and costar David Henrie celebrated the arrival of the new Wizards of Waverly Place spinoff at El…