Elephants are very powerful animals known for their ability to "never forget" Sometimes in dreams they´re related to finantial situations.
You, your husband and daughter are watching them.(whole family is waiting)
The elephants might represent parts ( or aspects) of you that you have tamed or restrain ( you´re also their master)with the strong leashes. But one of them leashes is lose and is infront of you.
It is an aspect of you that you haven´t tamed and you´re afraid of it. It is a part of you that needs to be expressed and you don´t allow it because you´re afraid.