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I am having the same problem as well except it won’t come up at all. I have restarted the watch a few times and took it out for a walk and still have nothing but a radar simulation.
 
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Drop the apps running in background also. Compass turn true north on then Turn off
 
My compass is there but all it does is spin 360 degrees over and over.

Possibly due to my magnetic leather loop band.
 
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