Put a timing light on the engine while its idling....does the sound match the flash of the light? The light is flashing at 1/2 crank speed (spark ignition), and is flashing at same rate as cam rotation.
With engine idling, pull spark plug wires off one at a time, does knock go away on a certain cylinder? No spark is taking the spark ignition load off the rod journal of course.
With a long screwdriver, put the plastic handle to your ear, and the metal blade end against the engine block, valve cover, water pump, etc, can you isolate the sound to a particular area? Watch out, don't let the blade get caught by the rotating fan blades!! It has happened, not to me thank goodness.
Just a few ideas.