Suppose I have a wheel with an axle, such that one side of the axle is tied to a rope. I'm initially holding wheel in such a way, that the radius vectors of the wheel are perpendicular to a board. I release the other side of the axle. It is obvious that gravity produces a torque that goes into the board and turns the wheel in such a way that the face is now facing downwards.
Now comes the non-intuitive second part. I've given the wheel some spin in the beginning. This means the wheel has some initial angular momentum. Now I release it. Gravity would apply a torque into the board, which would induce a small change in angular momentum. This resultant angular momentum would be somewhere between the direction of the torque and the initial angular momentum, which is sideways. As gravity keeps on trying to produce the torque, the direction of the torque changes as the wheel turns ever so slightly. This causes the angular momentum to change again. Hence the angular momentum keeps on changing, causing the wheel to rotate horizontally - something we call precession.
Now I clearly seem to understand why angular momentum chases the torque, causing the wheel to turn. What I don't understand is, how does the wheel manage to remain horizontal. Let us consider the scenario again. Gravity induces an angular momentum into the board. However there is also some angular momentum sideways due to the spin. Shouldn't the wheel go down while spinning at the same time ?
Does the wheel go down only when the total angular momentum and torque is in the same direction, as in the case of non-spinning wheel ? Moreover, in the spinning case, the angular momentum chases the torque but never catches up. Is that why it remains horizontal ? Can anyone provide me with an intuitive explanation as to why precession prevents the wheel from flipping due to torque due to gravity ?