Volkswagen Golf IV - Is it the headgasket? VW Golf S reg - Kleonard01

1.6 se auto 98

have noticed performance not optimal of late. car also gets up to just over 90 degrees quickly.

then the other day doing 70 on dual carriage way, 10 minutes along, oil light comes on and beeping starts.

pull over. plenty oil in there! notice white gunk under oil cap and also further down that pipe. (white/yellow/brown)

Unscrewed coolant, quite a bit of pressure, and it fluctuated (spilled out, then sucked back in, repeated.) and at the same time i could hear a squelching noise coming from elsewhere.

google said could be a few things, including head gasket? i fear incase my engine may be damaged?

garages round here rip you off. is there anything i can do??!

aaaany help much appreciated!