sure sounds like it.
Once when I had my old bus I drove it to the car wash. After spraying it off, I cranked it and heard a knock. shut it off, checked the oil, all OK, cranked it back up, still knocked. Climbed up into the engine bay looking around, layed my hand on the breather, and it stopped! Come to find out it was the breather. It had lost the nut holding it on.
A quick tip:
Get you a long stick, put one end next to your ear, and the other to different places on the engine. You will be surprised to find out what you hear, and how well you can tell where it's coming from.
Something else that makes a noise like that is loose flex plate or Flywheel bolts. Also the Torque converter