Dreaming of gay is both good and bad as per dream meaning and interpretation. The dream means you will realize that society is not always correct and there are more things beyond social convention. It also means sudden realization about your sexual preferences. Dreams of gay means you will soon find out something about your partner that might give you a shock.
Dream of you turning gay is a sign that you are hiding your true feelings and it might come out in near future.
Dreaming of gay and you wake up sad or angry means in near future someone might force you to do something that you do not like.
Dreams of gay and you wake up happy or elated means you will find a new relationship which is more promising and fulfilling.
Dream of gay and there are colors all around means you will experience something out of normal and this will change your perception. It also means new friends and exploring alternative lifestyles.