Interesting point on the options as FO to call for go around (waveoff in some circles) by either pushing power forward, or raising gear.
My first instinct would be that the better choice is add power. Power and attitude are the first two determinants of performance, tough configuration is a non trivial third.
Seems to me that raising the gear merely adds the chance of a gear up landing to an already f&!@$#d up situation.
I may be biased by the number of times I yelled "power" and slammed the throttles forward (yes, attitude to climb chosen) to initiate a waveoff when a student pilot got us too slow, or too something, a bit too close to the ground. Power gives you options via energy.
What was instructive was to see other ways of looking at it. Many different ways to peel the onion.