To see a fence in your dream signifies an obstacle or barrier that may be standing on your path. You may feel confined and restricted in expressing yourself. Are you feeling fenced in some situation or confined in some relationship? Alternatively, the fence symbolizes your need for privacy. You are trying to shut off the rest of the world. If there is a hole in the fence, then the hole is encouragement that you can overcome and conquer whatever obstacles may be in your way. It may also mean that your privacy is being compromised.
To dream that you are climbing to the top of a fence denotes success. If you climb over the fence, then it indicates that you will accomplish your desires via not so legitimate means. If you dream that you are on the fence, then the dream may be a metaphor indicating that you undecided about something. To dream that you fall from a fence denotes that you are in way over your head in regards to some project which you are dealing with.
To dream that you are building a fence suggests that you are building a solid foundation for success. Alternatively, it indicates that you are blocking something out or you are shutting yourself out.
To see a fence in the water symbolizes an emotional barrier that you are building up around you. You are afraid to reveal your true feelings and don't want to let people in. The condition of the fence is analogous to your emotional state.
To see an electric fence in your dream indicates that anger has caused you to isolate yourself from everyone else. Or it may be that others may be afraid to approach you because of your highly charged personality.