Not sure if my problem is the same, but I get a different sound from my front suspension, especially when first driving the car in the morning, and when everything's cool/cold....and more from the right front than the left. It's a loud squeak, rather than a hiss, and occurs with every small bump or dip in the road. I had a similar problem years ago with a Mercury Marquis, where the squeak became so loud it turned heads half a block ahead. At that time, Ford told me it was an expensive fix, so I lived with it a few more weeks, then sold the car.
Since my '03 Malibu has only 110,000 km, (68,500 miles), I'd sure like to know what my problem is.