At what net worth is an all gold watch allowed (<~$35K )?
Let's talk about real watch here: Bling Bling Solid Gold watches. Not these poser horology watches that all look the same (Mininimalist. Pastel White. Basic.)
How much and at what age/level? Mention Rolex if you are going to talk about something beside "brand" and "value retention." 
Based on the most helpful WSO content, the general consensus is that an all-gold watch, especially a "Bling Bling Solid Gold" one, is a bold statement and should align with your career level, financial stability, and personal style. Here's the breakdown:
Net Worth & Age/Level:
Role of Rolex:
Cultural Fit:
Alternatives:
Ultimately, the key is to ensure the watch fits your lifestyle, career stage, and personal taste without appearing out of place or financially irresponsible.
Sources: The Banker's Guide to Watches, The Banker's Guide to Watches, What watch do you wear and What's your Dream Watch?, banker career/lifestyle....not all that great? worth it?, What watch do you wear and What's your Dream Watch?
Gold watches don't appeal too much to me right now. They're usually ugly / hard to style, and I'd probably prefer to spend more money on incremental watchmaking vs case material
But I'm a bit confused on your framework here -- you're simultaneously dissing non-flashy high horology watches and also people who only buy Rolexes for the "brand" -- if your goal is performative displays of wealth that will be noticed, the only luxury watches that normal people will maybe recognize and immediately think you're rich are probably Rolex, AP Royal Oak, Nautilus, and maybe RM. Nobody outside the watch community knows what the fuck a VC Legend of the Chinese Zodiac or a Greubel Forsey are. Further, I question the extent to which regular people know how absurdly marked up gold is as a watch material, or would assume yours is gold vs plated
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