The 35-year-old Spaniard believes that Los Blancos are set for a stunning finish to the season, though he is wary of the threat posed by European rivals Bayern MunichGuti believes that his former club Real Madrid can record a remarkable treble this year by winning the Primera Division, the Champions League and the Pichichi.
The Liga leaders are currently seven points clear of Barcelona and go into Wednesday's European encounter with Bayern Munich trailing by a solitary goal after a 2-1 defeat in the first leg of their semi-final tie in Germany last week.
In addition, star forward Cristiano Ronaldo racked up his 42nd goal of the Primera Division season in Saturday's 2-1 Clasico success over Barca, moving him one clear of Blaugrana attacker Lionel Messi.
Guti believes that Madrid can claim all three titles, however, the former Spain international acknowledged that reaching the final of the Champions League is not a given for Jose Mourinho's men.
"The Bayern players know that the final will be on their own pitch [at the Allianz Arena] and this tie will be competitive," Guti warned.
Regardless of what happens this season, though, the 35-year-old Spaniard believes it is imperative that Madrid hold on to Mourinho, who has been linked with a summer return to England.
"He is a man of character and discipline and I think it's crucialfor him to remain on the Real Madrid bench," Guti argued.
Madrid's eagerly-awaited semi-final second-leg showdown with Bayern is scheduled to get under way at 20.45CET in the Spanish capital.
Starting last month and continuing for 10 weeks, Goal.com is publishing exclusive extracts from Luca Caioli's new book, Ronaldo: The Obsession for Perfection. The fifth extract, published on Friday, looks at the Portuguese's intense rivalry with Barcelona's Lionel Messi.