We have not seen Arsenal play well in the last three matches. They have failed to win against Liverpool, Bournemouth and Crystal Palace. They have also played badly against PSG in the Champions League. Their opponent Newcastle are in good form. Now the team is trying to grab the second place in the table.

An interesting thing is that Arsenal have lost their last three matches against Newcastle. Newcastle have been very strong in the last few seasons. Arsenal have also lost 2-0 in the away match this season. It is not possible to say for sure whether Arsenal will win the home match. I would agree with you that since Arsenal are not in good form, they should try to share the points in this match.
Arsenal may lose again at home. Currently, Arsenal has a few injured players, and their availability is still in doubt. Meanwhile, Newcastle has a better prepared attack and does not have injury problems among its star players. Although Arsenal is favored, I am confident that Newcastle has a great chance of beating Arsenal again and that the game will not end in a draw.