Considering that the link states of some practical networks are not measurable, it is impossible to control the links system directly to achieve structural balance. In order to handle this problem, the state observer design and the structural balance tracking control for the links system with complex dynamical networks are investigated. The dynamical model of the links system is molded as the Riccati matrix difference equation, which contains a coupling term associated with external stimulations. For the discrete-time model, the pole assignment algorithm is adopted to calculate the gain matrix for the observer of the links system. It could guarantee that the estimation error of observer for links system is globally asymptotically stable. Further, combining the effective estimation information of observer and external stimulations, an asymptotically tracking controller is proposed, which could achieve the asymptotic tracking of the reference structure balance network to the links system. Finally, the validity of the proposed method is verified by the simulation example.