There are different meanings when dreaming about competition. Some think of it as a nightmare where everyone is fighting to get what they want, while others see it as a really great opportunity where they are competing against the best to see who belongs on top.
Being ‘the best’ in life requires the person to be striving towards excellence like gold in the ring and that is why in some interpretations, dreams of competition usually entails excellence. In other interpretations, you might be aiming for something less than gold when you compete to prove yourself and defeat people who are equally matched with you even though that may seem dull.