We are given that $1 - \frac{1}{n}<x \leq 3 + \frac{1}{n}$ for every positive integer $n$. As $n \to \infty$, we get the limiting values:
\[
1 \leq x \leq 3
\]
Thus, the value of $x$ lies between 1 and 4, but never actually reaching 1 or 4. Therefore, the Correct Answer is $1<x<4$.