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Of course you need some gold to boost DPS, however you need a plan on how to boost DPS/eHP first.
For CoB in MP10 you want 4000 armor, 800 allres, and 60K HP. That will give you base numbers to shoot for.
So each piece of gear you buy, must have qualities that aim towards these stats.
All pieces of gear need high int, CC/CD, vitality/+health, allres.
So with that in mind let's look at your gear.
Gloves -and bracers - Suggest you craft these with your Demonic Essences. High int (280), allres or high armor, high vit/+life%, high CC. And gloves also should have high CD instead of AS.
Boots - Same idea here. 7-8% damage. HIgh int, high vit, allres or high armor etc.
and so on
As far as gold goes, I could improve almost all your gear for 100 million or less in each slot. It's a matter of knowing what you need, trading to make gold, and not throwing your gold away on over -priced junk.
You gotta play alot to get the top gears.
4k elite kills isn't going to get you to the top tier.
Over 20x as many elite kills with most at high mp since the mp system came out.
My char isn't even 2x as strong.
low mps are relatively easy to farm and can net the top items.
You can get there by farming. Learn what sells and what to buy.
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