Yes, very biblically correct. The people are the gods, god is title like king, dictator or president.
Elohim translated into English as God:
The word is used for: ... HUMAN leaders (KINGS, JUDGES, the messiah).
I have said, Ye are gods; and all of you are achildren of the most High. Psalms 82:6
Jesus answered them, “Is it not written in your Law, ‘I have said you are “gods"’? John 10:34