Traore has joined Metz on a season-long loan after their successful promotion from Ligue 2 last season.
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He left Metz for Molineux in 2022 - initially on loan - and has made 44 appearances for Wolves.
Wolves management chose to allow Traore to return to Metz after a difficult past season due to injury. He made only three senior appearances and Wolves say the decision has been made in order for Traore to secure regular football.
The 23 year-old defensive midfielder has a deal with Wolves to 2027.