Wolves deserved the victory, especially in the first half where, if they had been more accurate, they could have gone into halftime with an advantage on the scoreboard.
The absences in defense once again affected the blues and Pep Guardiola had to patch things up with the lineup, putting Joao Cancelo on the left side, something that he changed at halftime with the entry of Zinchenko.
Unable to penetrate the 'Lobos' goal, who had only achieved one victory this season, the 'Citizens' failed to score at home for the first time in 2019 and once again dropped points against an opponent who had already tied them last season, that time at Molineux Stadium.
The blow from Wolves came in the final minutes. Joao Cancelo lost the ball, Raúl Jiménez made a great individual play and assisted Traoré, who beat Ederson.
The visitors increased their lead with City completely pouring forward well into added time thanks to Traoré, who scored a brace.
This defeat (City's first in 2019), combined with Liverpool's agonizing victory on Saturday against Leicester City, leaves Guardiola's team eight points behind Klopp's team after eight rounds played.
A gap that complicates their chances of winning a third consecutive Premier League title.
Meanwhile, Nuno Espirito Santo's team is slowly recovering from their horrible start to the campaign and is currently in eleventh place with ten points.