I don't think it's too masculine or too feminine, nor in fact do I think such a thing exists. Yes, I'm an ice-cold snowflake. Haterz gonna hate.
I do, however, think that the link bracelet looks super weird on small wrists, regardless of your chromosome complement. It's really designed for a tighter fit.
I'd also add that I find the link bracelet quality to be a little disappointing. If you've ever had, say, a submariner, you'd know what I mean. The clasp is really delicate.