Mikel Arteta's aspect trailed to Hwang Hee-Chan's early intention on the Emirates Stadium in Thursday's important clash among the top 4 contenders.
But Nicolas Pepe came off the bench to equalise within the 82nd minute before Wolves keeper Jose Sa deflected Alexandre Lacazette's shot into his own net in the very last seconds.
Arsenal's 0.33 successive league victory moved them as much as fifth location and they take a seat simply one point behind fourth located Manchester United with games in hand in the race to qualify for the Champions League.
Arsenal's tally of 14 league victories from September onwards has only been bettered through Manchester City and Liverpool.
It is a extraordinary revival when they made the worst start to a season in sixty seven years with three consecutive defeats.
Once once more, Wolves, who stay seventh, were denied by way of Arsenal - just two weeks after the Gunners' 1-0 win at Molineux.
Arsenal's prolonged celebrations at the final whistle on that occasion irked Wolves midfielder Ruben Neves, who claimed it turned into like that they had won the league in preference to simply three factors.
Neves have to have felt a experience of deja vu as Arsenal cavorted across the pitch on the climax of another interesting triumph.
Initially, it become Wolves who had the higher hand and that they have been denied an opener while Romain Saiss netted from Neves' pass, best for the offside flag to be raised.
On that occasion, a VAR check showed Arsenal's break out but they weren't so lucky within the 10th minute.
