The Gunners secured draws against Liverpool and Stoke, but Smith was impressed by what he saw.
Former Arsenal striker Alan Smith believes that the Gunners showed a quality in their last two games which suggests that they will be able to go on and lift the Premier League title at the end of the season, Sky Sports reports.
Arsene Wenger's men's last two games have come against Liverpool and Stoke, and while they were unable to win either, Smith believes that they demonstrated some of the attributes that have been lacking from previous Arsenal sides.
"I think those are two good draws at Liverpool and Stoke," Smith told Sky Sports.
"I know they could have won it easily at Anfield but in years gone by they would have lost that game at Stoke.
"They didn't use to be able to grind out those draws and wins in the difficult games. When they're not at the top of the game and not playing that lovely football that we're used to, they can get results.
"That's the stuff of champions and you've got to have that if you're going to win the league. That resilience will please Arsene Wenger."
While Wenger would have been extremely disappointed with the Liverpool draw especially - given that they were ahead heading into second-half stoppage time - he would undoubtedly have been pleased by the draw at the Britannia Stadium, a ground where they have failed to win since 2010.
The results appear to confirm that the north London club have found the perfect balance between the beautiful football that they have become synonymous for since the Frenchman arrived nearly two decades ago, and the steel which has now made them very difficult to break down.
And with them only ahead of Leicester City on goal difference, while Manchester City are just a point back, Wenger will know that maintaining that balance could be what decides whether the Gunners end their 12-year wait for the title.