If it is an exhaust leak, they do tend to tick till the metal heats up and expands and closes the opening up thus the ticking may slowly disappear as the the engine warms up.
Best way to find an elusive exhaust leak, get yourself a 2 to 3 foot piece of flexible rubber or plastic tubing in at least 5/16in / 8mm size or greater, place one end to your ear and use the other end to move all around and over the exhaust manifold joints, gaskets, etc... when you first start a cold engine. Using this old time mechanic trick, you can find any exhaust leak very quickly.

They do make automotive stethoscopes that you can purchase if you desire, but a listening hose will work just as well! I have found a many an exhaust leak using this method!!!

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Supporting Vendor and Moderator of LOST05 Jeep Liberty CRD Limited 
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