Anytime you swirl a finish, you have to use the next least aggressive compound compared to what caused the swirls, work it over with that, and keep moving up the ladder of finer, gentler compounds until you removed the original swirls and ideally matched the original finish.
Mothers Chrome & Mag is probably too gentle to cut and polish the swirls you've made.
You may also have a tough time matching the repaired area with the rest, unless you do the entire revolver.
Recommend getting a set of Norton sanding pads: green, maroon, gray and white -- most to least aggressive, respectively.
Buy Pads Green 0 (20) at Woodcraft
These are excellent stainless steel refinishing pads.
Start with gray and see if that smooths the swirls and returns the brushed lustre. If not, move to maroon and retry, and so on.
Whichever grade works, you'll then have to move back up the order pads to the finer grade ones; gray is considered the closest to factory brushed, though I'll usually have a pass with white.
None of the pads risks the mirror polished look.
If green doesn't begin the smoothing process, you're on to wet sandpaper. Same methods apply: always begin with the least aggressive approach and work from there.