I notice your spark plug wire covers are off - have you checked to be sure the spark plugs are torqued down properly? I had a similar noise that was present all the time but worse on cold starts, and it turned out to be 3 loose spark plugs which were only in finger-tight. I literally spun them out with my fingers on the socket extension. The plug boots also showed signs of exhaust and carbon blackening from blowby, when the tight ones were bright red.
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Tightening them down helped with the clatter on cold starts, but didn't remove it entirely. After reading a lot here, I added Lucas Engine Honey (oil stabilizer) and 10w30 Mobile 5,000mi synthetic oil which removed about 80% of the noise, but it was still there. Crawl under the engine and listen closely. If your noise is significantly louder, it's likely in the block though from the top it sounds like valves.
Mine turned out to be pistol slap, but don't get discouraged. Check the easy stuff first,