Final answer:
The story 'The Gift of the Magi' is narrated from a third-person omniscient point of view, with an example being the narrator's description of Della's actions and feelings.
Step-by-step explanation:
The short story The Gift of the Magi by O. Henry is told from a third-person omniscient point of view. This means the narrator is not a character in the story and is able to provide information about the thoughts and feelings of all characters. An example supporting this point of view can be found in a line from the story: "Della finished her cry and attended to her cheeks with the powder rag." The use of third person pronouns like 'her' and non-participative descriptors indicative of someone observing the scene, not experiencing it, support the omniscient point of view.