"Gifted" is such a fluid term. It is usually defined with specific criteria and cutoffs that vary a bit depending on whom you are asking. From a strict cutoff point some might say your child falls just slightly short... but really it is not a YES or NO question but a how much and what might your child need question.

If you use the popular 130 cutoff for "gifted" it would be important to consider that the difference between a child with a GAI of 129 vs 130 is negligible. However and more importantly, the difference between a 129 and the average 100 is quite large and certainly a child with a GAI of 129 would benefit from differentiation and might be bored in a tradition classroom setting.

Does the teacher have many like your child? It is statistically unlikely. Your daughter is like 3/100 children. It is possible to have a couple of these children in a general class but how likely to have many?

Hope that helps! Best wishes in your quest to figure out what works best for your child.