DO NOT download W296 to less than 90% of case capacity, it's not safe. (H110 is the same exact powder now) Also, if you are shooting a K frame why would you load a 110gr bullet knowing it will damage the forcing cone? The M586 is an L frame revolver so if you are using that revolver it won't be as bad as shooting a K frame. Personally, I would use a 125gr bullet in that M586.
All that said, it you still want to load a 110gr .357 Magnum use a powder with a slightly faster burn rate than W296. HS-6, Longshot or Power Pistol to mention a few. Even 2400 will work better than W296 when downloaded. I like HS-6 best for middle pressure .357 Magnum rounds.