"The Elder," "the Elders," is an image of the Patriarchs, the Prophets of the people of Israel, who were wise in the knowledge of the Word of God, who expressed it in the Scriptures, who reached spiritual perfection in knowing, doing and proclaiming the Will of God.
"Elders" is also a symbol of the Righteous, who by turning to the knowledge of the Scriptures, the Will of God, so gained knowledge and true wisdom to proclaim it to all nations.
Negative meaning:
"Elder", "Elders" is the image of the religious, political, ideological leaders of the nations, who, relying on the previous sinful experience of the nations, give their advice on how the nations can live without the guidance of the Commandments of God, to please their sinful interests.