Locate the gold target is one of the objective in the mission A Deadly Performance. Reginald Birch wants you to find someone in the audience. during the play.
Walkthrough - How to Locate the Gold Target[edit]
Use Eagle Vision (L stick on Xbox 360, L3 on PS3) to locate a gold target in the Theatre Royal. Try looking to your right and up in the theatre boxes/balconies.
Lock on the golden target using R button
See screenshot below for location of Gold Target: