There will be no favorite team in El Clasico later because both teams are still in the same condition in terms of performance. Real Madrid, although considered to have a great squad since the arrival of Mbappe, currently Ancelotti has not found the right formula, coupled with player injuries. Likewise with Barcelona, although this El Clasico is played in front of its own supporters, this does not guarantee that Barcelona will win because so far Barcelona has not proven strong when facing strong teams below it, plus many players are injured. So it is likely that the first El Clasico this season will end in a draw.
Two strong candidates for the La Liga title will meet.
It is difficult to guess which team will win because both have opportunities and strengths that are superior to the average of other teams,
Barcelona is on fire under Hansi Flick, Real Madrid is filled with star players, so can't wait to see them perform on the field later. I will focus on the match instead of choosing one team to be a favorite without caring about the final result.
I think not this time, Madrid are yet fooling us with the level of squad they have in the team, we expected with the signing of Mbappe that they will become a bigger threat than they were previous season but we all see how the going has been and likely they might find it difficult this time to defeat or even end a draw against Barcelona.
Madrid are much lucky that few of their injured players are making it back to the match, it would have been an easy win for Barcelona this time. Flick is not losing this game, Madrid has to put in more effort cause lately hasn't been to perfection and can't take same form to face Barcelona, improvement is required to make the fixture very tough and not risk to lose (if eventually it happens) with a long goal margin.