In a word, yes. you have a few days left to get leveled up and power thru at least 2 professions.
With that being said, in terms of longevity, these are moves to ensure the servers resources don't overwhelm and accumulate. With a realm that never progresses past an expansion, build up is inevitable. I wouldn't be surprised if a gold squish comes ever 2 years or so. And it's for this reason, the gold squish is needed and professions at 1x is actually good for people like you. New players will earn gold with mats collected as they level.
So, look at this as an opportunity. You're getting in at a good time, the market will take a bit of time to settle, but gold, with more difficulty to get, becomes more valuable, and will stay that was longer. The mats you get while leveling, with have value now, more than vendor trash.
Will it suck for a bit? Yes, but overall, if you plan on staying longer than a month, you WILL benefit.
I'm sure some people may disagree. that's fine, change sucks, but it's the only absolute in the world. And if you look a little deeper. If there wasn't one, gold would eventually build up to the point it was in the past, and become utterly useless. (anyone else remember a time when the blood queens choker was 212k? that's gold max cap) Things on the Auction House items were so bloated new players were absolutely at a disadvantage.
(That's when I started playing btw :P)