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"The Gift of the Magi" is narrated by someone who is not a character in the story. "But whenever Mr. James Dillingham Young came home and reached his flat above he was called 'Jim' and greatly hugged by Mrs. James Dillingham Young, already introduced to you as Della" (Henry).

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"The Gift of the Magi" is written in the third person omniscient point of view. The narrator speaks as a storyteller. "Three times Della counted it" (Henry).

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The main conflict In "The Gift of the Magi" is that Della wants to buy a gift for Jim but she only has $1.87. This is an example of a man vs. world conflict because low paying jobs have caused Della to not have much money so now she must find a way to make some. "One dollar and eighty-seven cents. And the next day would be Christmas" (Henry).

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Exposition: Della, a young married girl wishes to buy her loved husband, JIm, a Christmas present, but she lacks the money to do so. This makes her extremely upset, so she seeks to find a way t make some quick money in order to get her husband the gift he deserves.
Rising Action: Della decides to go out and find a way to make money. She finds a sign for a store that trades hair for money. Despite her beautiful hair, she prioritizes Jim's gift over it and sells her hair. This gives her twenty dollars, which she uses to buy a platinum fob chain for her Jim's golden watch. She returns to her apartment and awaits Jim's arrival so she can present him his gift.
Climax: When Jim comes home, Della is worried that he no longer loves her due to her lack of hair. He seems appalled that Della's hair is gone. However, Jim gives Della combs as a present. When Della gives Jim his gift, she finds out that he sold his watch in order to buy Della's present.
Falling Action:  Jim decides to put their presents away and claims that they are too nice to use as presents. Jim instructs Della to put the chops on.
Resolution: Neither of them are upset about their situation. What happened between them shows how much they care about each other that they sold their possessions of which held dearest. "Of all who give and receive gifts, such as they are the wisest" (Henry).

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Imagery- The author describes the appearance of characters, objects, and settings throughout the story. " Her eyes were shining brilliantly, but her face had lost its color within twenty seconds. Rapidly she pulled down her hair and let it fall to its full length" (Henry). The author uses imagery to show the stress Della is withstanding due to her inability to purchase a good gift for Jim. The usage of imagery also allows the reader to begin to understand the meaningfulness of Della's hair. "So now Della’s beautiful hair fell about her rippling and shining like a cascade of brown waters" (Henry). The author uses imagery to display the value of certain objects in the story. "It was a platinum fob chain simple and chaste in design, properly proclaiming its value by substance alone and not by meretricious ornamentation—as all good things should do" (Henry). The reader knows how important this gift is due to the way it is described through Della's eyes. Imagery has a powerful impact on the description of characters and objects in "The Gift of the Magi".

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Della-selfless
Della puts on a strong display of selflessness throughout the story. She never thinks about herself or her own desires, she is completely devoted to giving Jim everything she believes he deserves. She goes on to sell away her beautiful hair for Jim, and her only worry is that his outlook towards her would change. She cares tremendously about her husband. "Many a happy hour she had spent planning for something nice for him" (Henry). Despite her plans, she does not have enough money to provide anything nice for Jim.  Oh, and the next two hours seemed to fly. "She was going from one shop to another, to find a gift for Jim " (Henry). Della spends hours of her own time to find a gift to Jim. This displays her devotion and love towards him. "'Cut it off and sold it,” said Della. “Don’t you like me now? I’m me, Jim. I’m the same without my hair'" (Henry). Instead of being proud of herself for buying Jim a gift, Della still only cares about Jim's feelings. Della shows that she is extremely selfless throughout the story.