The Big Dictionary of Dreams
by Martha Clarke
Its image is related to the dome (circular shape with an opening at the top); in this sense, it indicates ascension, improvement, and spiritual growth. It also represents the action of covering yourself, denoting insecurity and a need for love.
If you cover someone else it indicates desire to overprotect someone. Losing the cape is interpreted as a sign of insecurity. Wearing a too short cape, fear of embarrassment or lack of affection. Finally, it expresses dissimulation and secrecy. You may be hiding something from the outside world.
If you dream that you wear a cape, a period of uncertainty is upcoming. And if it has hood, you must be alert because someone you trust can betray you.
Psycho Dream Interpretation
by Ella Freeman Sharpe
Wearing a cape signifies that the dreamer takes on a semblance of authority.
If someone else wears the cape, the dreamer must submit to the will of another.
A girl would have the protective influence of an older person.
My Dream Interpretation
by myjellybean
To see a cape in your dream, or dream that you are wearing a cape, suggests that you are trying to shield yourself from being emotionally hurt. It may also mean that you are trying to cover-up or hide something.
