What does that mean?

I just got xbox live gold, but now I do not want it to be charged every month, is that the right one?

Exactly - if you stop the recurring billing of the Xbox Live Gold subscription, your Gold subscription ends after the last Xbox Live Gold tag of your account. Microsoft will then stop billing your account, and you will not be able to gamble online again from the last day… But if you're eligible for gold membership again (for example, via a prepaid card, or by direct pay on Xbox 360 / Xbox One / Xbox App / Xbox). Com) the automatic billing is reactivated. You would have to deactivate again (was always with me so)

Yes, if you click this then the membership ends in a month and does not continue