diff --git a/src/librustdoc/passes/collect_intra_doc_links.rs b/src/librustdoc/passes/collect_intra_doc_links.rs
index 4fcf6ceb44d50..f707c1a3e1a10 100644
--- a/src/librustdoc/passes/collect_intra_doc_links.rs
+++ b/src/librustdoc/passes/collect_intra_doc_links.rs
@@ -799,6 +799,7 @@ impl<'a, 'tcx> DocFolder for LinkCollector<'a, 'tcx> {
 
                     let hir_id = self.cx.tcx.hir().as_local_hir_id(local);
                     if !self.cx.tcx.privacy_access_levels(LOCAL_CRATE).is_exported(hir_id)
+                        && (item.visibility == Visibility::Public)
                         && !self.cx.render_options.document_private
                     {
                         let item_name = item.name.as_deref().unwrap_or("<unknown>");
diff --git a/src/test/rustdoc-ui/issue-74134.public.stderr b/src/test/rustdoc-ui/issue-74134.public.stderr
new file mode 100644
index 0000000000000..03f95f19d326e
--- /dev/null
+++ b/src/test/rustdoc-ui/issue-74134.public.stderr
@@ -0,0 +1,10 @@
+warning: `[PrivateType]` public documentation for `public_item` links to a private item
+  --> $DIR/issue-74134.rs:19:10
+   |
+LL |     /// [`PrivateType`]
+   |          ^^^^^^^^^^^^^ this item is private
+   |
+   = note: `#[warn(intra_doc_link_resolution_failure)]` on by default
+
+warning: 1 warning emitted
+
diff --git a/src/test/rustdoc-ui/issue-74134.rs b/src/test/rustdoc-ui/issue-74134.rs
new file mode 100644
index 0000000000000..d561c2dd89015
--- /dev/null
+++ b/src/test/rustdoc-ui/issue-74134.rs
@@ -0,0 +1,41 @@
+// revisions: public private
+// [private]compile-flags: --document-private-items
+// check-pass
+
+// There are 4 cases here:
+// 1. public item  -> public type:  no warning
+// 2. public item  -> private type: warning, if --document-private-items is not passed
+// 3. private item -> public type:  no warning
+// 4. private item -> private type: no warning
+// All 4 cases are tested with and without --document-private-items.
+//
+// Case 4 without --document-private-items is the one described in issue #74134.
+
+struct PrivateType;
+pub struct PublicType;
+
+pub struct Public {
+    /// [`PublicType`]
+    /// [`PrivateType`]
+    //[public]~^ WARNING public documentation for `public_item` links to a private
+    pub public_item: u32,
+
+    /// [`PublicType`]
+    /// [`PrivateType`]
+    private_item: u32,
+}
+
+// The following cases are identical to the ones above, except that they are in a private
+// module. Thus they all fall into cases 3 and 4 and should not produce a warning.
+
+mod private {
+    pub struct Public {
+        /// [`super::PublicType`]
+        /// [`super::PrivateType`]
+        pub public_item: u32,
+
+        /// [`super::PublicType`]
+        /// [`super::PrivateType`]
+        private_item: u32,
+    }
+}