The fact that we’re all having such a hard time reading the scene might be deliberate. All season the writers have been testing the waters on which means more to Rumple: Belle or the power/dagger/magic.
I would even say they have been testing the waters since Season 4A when they had the gauntlet lead Belle to the dagger which shows a person’s greatest weakness which is “almost always” the thing you love the most. I still believe that wording was deliberate and very specific. I guess we will find out in Season 6 if Rumple can figure out what he loves the most and if he already knows, to let the rest of us see it. I still have hope it is Belle.