Here is a test you can add in an obsidian document:

Linked {
	link: "[[Link]]"
}

NoLink {
	link: "Link"
}

What happens:

• [[Link]] is turned into a link to the "[[Link]]" doc
• Link is displayed as plain text

Expected result:

• "Link" links to "Link" doc

Even better result:

• "[[Link]]" is turned into a link to the "Link" doc as well, so we get autocompletion when writing "[["